Based on forecast NPAT of $4.6m and approx ROE of 15% I get a valuation of $0.86 (by my rough calc). Any thoughts?
Not quite as attractive as the Burson IPO, but it might do well through PE multiple expansion, given BAP is at 28 atm.
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Based on forecast NPAT of $4.6m and approx ROE of 15% I get a...
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