re: mre - not trading at a pe of just over 1 - wha Of course it isn't at a PE of 1. The market isn't the stupid. Read the financial reports. They made an operating loss in the first half of 2003 but due to 'Other "financial" profit items' made a profit of > $500 million. In the next half they made an EBITDA of around $70 m. Extrapolating this for a full year with a market cap of a mere $1.2 billion means they are closer to a real PE of 8.6 which given their dodgy history is probably not an unrerasonable ratio.
mre - trading at a pe of just over 1 - what the!!!, page-4
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Last
$64.41 |
Change
1.000(1.58%) |
Mkt cap ! $12.48B | |||
| Open | High | Low | Value | Volume |
| $63.49 | $64.41 | $63.39 | $28.91M | 451.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | $64.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.43 | 629 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |