Your estimates are based on NPBT of $7.5m for full year
for 46cps valuation
MBE have released half yearly profit of $1.6m only
This is the figure the market is using today.
When and if $7.5m occurs then the market will adjust accordingly
DYOR
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- aus convey value at least $150mln or 46cps
aus convey value at least $150mln or 46cps, page-2
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