With a PE of 40
I wouldn't be surprised
Also have debt on the books for the first time now
$41 million
38% debt to equity
Also only had 5% franking credits on dividends - 3% last year
With an average ROE of 14% & the info above
Should be on a PE of 15 at best
= $2.32
With a PE of 40 I wouldn't be surprised Also have debt on the...
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