Ann: Market Update , page-3

RStuff....I think you and I are the only ones following this stock. Curious trading yesterday. Somebody knew this announcement was coming and dumped.

I have 1H figures as

EBITDA - $24.6m
NPAT - $9.35m
eps - 5.5c (I am taking the share at 170.44 as per 3B of early April)

Assuming EBITDA at $20m (the lowest estimate given in ann, the effective NPAT for 2H should be around $5.5m, making FY13 NPAT $14.85m or 8.7c

What is in serious doubt though is the final dividend.

I certainly take your point on whether the deferral will eventually become a cancellation.

I just bought more at 47 cents for as you say a PE of 5.4 on a company with NTA of 75 cents and contracts in hand isn't too shabby.