Just a quick observation - it mentions EDITDA average $418 million pa over the first 5 years. Deduct 30% tax gives net $292 million, which for 1,750 million shares is 16.7 cents per share. The PE is likely to be 15 or more but even at a PE of 10 that is $1.67 share price - and we have started production with a full half year of stage 1 being reported after 30 June 2019.
Shorters will need to work hard today.
If the recent shorting has not been covered and more by end of day we would all feel so sorry for them.
Ann: Outstanding DFS Results Support Pilgangoora Expansion, page-52
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Last
$2.36 |
Change
-0.050(2.07%) |
Mkt cap ! $7.106B | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.45 | $2.31 | $66.76M | 28.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22020 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 189205 | 5 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |