BIN chart, page-561

Not one of the lucky few to have picked up at $1.17 in Feb but will top up during dips.

Currently the PE looks high but still ways to go compared to the competition. Pristine balance sheet and looks like they've done well integrating DADI. Let's hope Dan and BOD builds the war chest back up organically through increased earnings and keeping an eye on bargain opportunities as they come. These increased earnings will also subdue the PE number in the medium term. Moving forward our 5% ROE (8.8% for the 3 year) looks terrible which puts us at arms length from Superanuation money buying in (most have a ROE mandate). Given time I believe we can deliver a decent ROE if the developments this year and last months presentation is anything to go by...