Ann: Full Year Statutory Accounts, page-79

FFS this thread is a funny read.


EPS to get a rough PE, not market cap.

PE = SP/EPS
SP = .075 c/ EPS.0084
PE = 8.9 as of today

**Just a thought...WHC has PE of around 17


I personally think fair PE ∼ 12 + cash on hand
PE 12 and then add cash/div no/shares

4cps cash backing 100m/2.5b
SP say 10c/.0084 = PE 11.90 say 12

SP should be 10 + 4 = 14c IMO

Good buying at 7.5c

I hear via my cat whispers MV PCI going to be $190US for June, LV to be close to same?