Jaolsa
You're the BHP guru.
I still think the $4 multiples are it but I don't study like you do.
So yes, I am happy with $32 and if there is a 8 and 4 multiple there probably is a $2.
I suggested a $24 target but obviously that would be a worst case IMO.
Certainly $32 which is 20% off sounds more than reasonable.
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