Yes Brucey...the reason for the drop is that EPA has dropped from 21 cents to 4 cents and PE has gonr from 9 to 50. Return on equity has also dropped substancially... This has to be addressed. It's still got a strong buy on it by 2 brokers which enticed me into it. EPS is though forecast to rise in 2007/08 with strong growth...i just wish i got in a little bit later. No matter i can see this going $3 plus this year so happy to be in....nearly topped up at its lows but i got distracted and missed the opportunity in those few days.
PSA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held