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539 Posts.
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16/02/11
11:19
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The interesting part in the report is that EPS for 12 months, 2012 is 28c.
If you say a PE of about 15, this equals about $4.20 per share!
We are currently hovering about $1.90!
I understand the run for the trade mentality, but sometimes it's just easier to sit back, invest and wait 12 months!
Probably a very good stock to have in your super account.
SLR in the past have stonewalled divvies for good reason, however i wouldn't be surprised to see this change in 12 months time.
My 2c worth, and worth half as much!
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