the fun numbers

Looking at the fundamentals of FUN I have calculated that at the estimated EBITA of $28million FUN will have an EPS of 8.1 cents.This extrapulates to a PE ratio of 7.4 at a share price of 60 cents.For last year 12/06 FUN had a EBITA of $32 million and they are forcasting 12/07 $28 million down 12.5% and yet the shares have fallen 50% in the last month.For the half year 30/6/07 they have already booked Revenues $188 million EBITA of $14.4million with NPAT of $4.7million.Points to an over-reaction of a share price sell off.