Ann: M2 issues strong earnings growth guidance fo, page-17

re: Ann: M2 issues strong earnings growth gui... I think the stock is undergoing a fundamental re rating at the moment. Does anyone know what the criteria is for been admitted to the ASX 300 ? Would think over the coming 12 months this may be a possibility then many more larger funds will invest. The top range underlying EPS of 22 cps for 2010 - 2011 on a PE of 15 is $3.30 a share. I'd think 12.5 is a reasonable PE for a growth stock like which give's $2.75 valuation.