I obtained a copy of the Macquarie Research numbers for CER this morning.
They have an NPV value of $0.95 on CER with a 12 month price target of $1.00. Their dividend per share estimate for 2009 is just over $0.13 per share, giving a yield of around 36% on the current SP.
Unsurprisingly, they still have an underweight recommendation on the stock and rate it as 'V High' on the volatility index.
