One query I do have is that it says that NOD is on a forward pe of 8.4. I'm not sure how they got that as NOD did not give an 09/10 NPAT forecast in the Preliminary Report.
Currently Comsec has them on a pe of 6.6 which I use as reference although I do expect a profit improvment the more we recover from the GFC.
speculative buy up to $1.39 - hartleys, page-2
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