Morningstar says EPS 15c for FY17...
Considering FY16 was 14.73 the extra production this year will surpass that easily. The facility has been paid for so now it just adds to the existing production with hopefully the same or better roe. We will get an earnings upgrade later this year.
I guess in theory this was the tough year.. Sure didn't feel like it but debt paid off/investment and now the next couple of years we reap the benefit of this.
It's good to actually have a board that doesn't acquire businesses at the wrong price to increase npat and have the roe collapse like most of the junk on the asx.
Morningstar says EPS 15c for FY17... Considering FY16 was 14.73...
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