on the move , page-4

i guess this stock will stay static till year end result in august, they have a $75 million war chest so they're evaluating companies as we speak but they have a very strict criteria on what they buy, the current PE they're trading out is off last years profit but have already updated the market on forcast so they're probably trading at an estimated pe of 16ish. Have been some good blocks sold in this company although there are lots of shares on issue and 65 million coming out of escrow in september this year from previous shares issued when they took over a company issuing 50% plus in shares vs cash.