Yes correct. pE was 130 when it was mid 2.50s. Clearly...

Yes correct. pE was 130 when it was mid 2.50s. Clearly overvalued at that stage and I would say undervalued at this stage. How does one warrant for a free fall when the company is making profit now and will make profit next year as well??? They have 4 field trials and atleast the success rate will be 50% (otherwise shame on their sales team and r&d is a waste) question is who has sold 10% of the company today??? The biggest share holder remains david Stewart and if he sells we will get change of director interest as he is non exec director. One of the funds JPMorgan?? Or Nab?? Broker report for today will be interesting. People who bought after September 2015 won’t sell unless they want to sell for loss!!!! Too much permutations and combinations.

We rise from the ashes again