It's currently valued a P/E of ~20 using FY16 results. FY17 should deliver better results due an increase in POG (avg in FY16 was $1550 from memory). P/E of 20 just indicates the market is expecting earnings growth.
Whatever is happening behind the scenes will change this significantly IMO so with a higher POG and greater production coming up, I think it's fair to say we're currently undervalued.
It's currently valued a P/E of ~20 using FY16 results. FY17...
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Last
$15.85 |
Change
0.150(0.96%) |
Mkt cap ! $18.22B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.81 | $86.08M | 5.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9868 | $15.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.86 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |