Reading through the announcements of the company that will have a earning per share this financial year of 15 cents per share, and this is allowing for the new shares issued with the rights. With this figure most of the earnings will be from the first half of the year. They stated they will make a "small" profit in the second half of the year. So in reality they are not trading on a P/E of 6 if you base it on second half earnings.
Cheers Hoisty
Reading through the announcements of the company that will have...
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