Bell Potter have a price of $2.98 on this so I think $3 is pretty close. If these guys managed to increase profits 40% last year in a bad year then I'd say 40% again this year is definitely doable which at $3 would only be a PE of 15.5.
As for selling shares, well someone has just exercised 170K and 50K worth of options. Sounds possible David Clarke sold some shares to exercise Options. We'll find out in a couple of days.
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9 | 4020 | 7.740 |
15 | 19581 | 7.730 |
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18 | 9074 | 7.710 |
Price($) | Vol. | No. |
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