Below is an extract of latest FP's newsletter -
"The company is currently trading on a very modest price-earnings multiple of less than five times forecast 2009 earnings, falling to a multiple of less than 2.5 times 2010 earnings."
By losing 30% of its market cap today, the pe ratio may be down to below 4 for 09, and below 2 for 2010 - which is absolutely dead cheap. Provided volume and price don't change.
Below is an extract of latest FP's newsletter - "The company is...
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $359.4M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 29.0¢ | $332.0K | 1.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37786 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 12500 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |