bottomed out yet, page-13

Did anyone listen to what Patersons were saying about Perilya back in September when they were "incredibly attractive" then trading at around $4 with an $800 mil cap. It got me interested enough to keep an eye on them.

Head of research, Mark Simpson said they forecast less than 1x evebitda and a net cash forecast of $500 mil for 2009.

Do they have a more up to date forecast or is it now 0.5x evebitda for 2009?

The bit about Perilya is around 4 and a half mins into the clip.

http://www.brr.com.au/event/32183