Ann: Further details of competing proposal , page-6

  1. 899 Posts.
    lightbulb Created with Sketch. 24
    its not rocket science, how the hell do they come up with such a low value

    NPAT around 30m

    order book 300m+

    Market cap 210m

    Do the math. current pe of around 7 with huge growth potential

    With next to no debt.

    I would imagine $5 min for this on valuation principles only. Look at R Montgomery. $4.86 is the value he puts on it.

    That guy can be a head ache but he knows what he is doing
 
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