re: ready for take off Yeah but they only have a forward PE of 30 because there was a large exercise of options a few months ago that gave them a whole heap of money they didn't need and can't do anything with (apart from park in the bank).
Huntleys have calculated (and I largely agree) that they could give about 5c a share back and then be on a PE of about 18.
When (and I hope it's when not if) they get their capital management right the PE will be much better than 30.
record quarter increase, page-13
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Last
$9.01 |
Change
-0.090(0.99%) |
Mkt cap ! $3.559B | |||
| Open | High | Low | Value | Volume |
| $9.08 | $9.08 | $8.99 | $1.744M | 192.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1981 | $9.01 |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.02 | 1770 | 5 |
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| WEB (ASX) Chart |