I still can't see where the $1+ valuation per Essa share has been validated in any Hotcopper post so far.
That's not to say it isn't worth $1+. But there's been nothing much to support the claim other than "10x P/E" and "21% ROE".
I held shares, but didn't receive any mail from disgruntled shareholders outlining their case, so I accepted. There was no case to do otherwise.
half yearly report, page-4
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