Thanks for that Klogg, like others I was not lucky enough to see the term sheet when it was created a while back by Petra.
I guess one fundamental assumption in your maths is the p/e of 12. Depending on your outlook on your life you could equally likely assume a p/e of 10 or 16. So the future sp could be anywhere between $2.00 and $3.20.
Nevertheless I have consistently come to the same conclusion that this is a great little company to have in the portfolio.
DDR Price at posting:
$1.78 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)