It sure is. A few days it was a discussion about how quick we would get to $20 and a few days later it's back to the same old thing but the only new information we've gotten has been that
Daybue sales were to expectations and not as bad as naysayers were thinking
We sold the PRV and got more than we were expecting
There's 50m being put into a SBB
Our 2024 earnings guidance increased to 216-218m AUD - that's a 8.43 forward ratio. Assuming similar costs (20m) to H1 (including R&D) that's still a profit before tax of $176m AUD that's a forward PE of 10.34. All of this in a incredibly strong market. The numbers don't make any sense!
NEU Price at posting:
$14.13 Sentiment: Buy Disclosure: Held
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