According to the latest report from Intersuisse:
PLV will be have an eps of 52.8c in 2013, this is after all taxes and royalties !
Then in the years to follow, 80.6c in 2014, 120.8c in 2015, 135.2c in 2016 etc.
They use a total of 178 million shares on issue....
So to be uber conservative, halve those eps numbers then times that by a decent PE.
Just for clarity MGX has a PE of 14.9 (according to tradingroom.com.au)
That should give a share price of..... ??????
Cheers ...
Needless to say, I am a PLV
earning 52.8 cents per share by 2013
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