value, page-4

Brenden

I think you might be right. In fact, I am sure you are right.

I was working through some sums trying to devise strategy for trading CCC on opening and was disappointed with where I arrived, hence I made the post. NO wonder, it looks like I made a huge maths error.

I calculated that 45m in revenue for 1,200,000,000 shares was .3 of a cent but it is 3 cents.

Which is much more palatable!!!!!!!

I will willingly going to the dunce corner for the day.

Revised sums:

45m revenue

PE 10

EPS 3 cents

initial target 30 cents, longer term 90 odd cents.

Brenden, Eskom coal will be much less, but expecting better thermal coal prices as we go forward, so just averaged out.

Cheers

Stoker
(Maths dunce)