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Macquarie Equites updated their WPL forecast for 2007 and 2008...

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    Macquarie Equites updated their WPL forecast for 2007 and 2008 on the 19 Jan 07. Their forecast is as follows:

    Year 2007 2008

    Net Profit $1,335M $2,191

    EPS $2.00 $3.287

    @ $36.93 Share Price:

    PE 18.5 11.2

    Forecast Based on following forecast Production, Oil Price & Exchange Rates:

    Production(mmboe: 76.8 100.9

    Oil Price : US$65.96 $63.00

    US$/A$: 0.78 0.73

    Regards

    SP
 
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