OK now I'm confused. According to thier lastest announcement there forecasted EBITDA was as follows.
FY09 81-91 million
FY10 80-102 million
FY11 98-111 million
I would have thought that the NPAT would have been 30-40% of this.
Where did you get the 6 million from. I could be wrong. I will try to find some up to date data. You are right though. The PE is difinately closer to 10 then it is to 1.5