P/E of 5.2

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    Underying PE of 5.2 for a stock paying a franked dividend.
    Statutory PE pf 6.5 for a stock paying a franked dividend.
    Even for a non-growth stock that is unbelievable and the risks appear minimal at present.
    Ravin Raj unlike Daniel Wilkie is not a "creative" accountant, that is for sure.
 
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