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1,427 Posts.
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16/10/10
12:35
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Yeah agree sc100. If they can display earnings heading for the teens even at a p/e of 10 it should go to $1.
If you could substantiate the growth and applied p/e of 15 high $1 somethings.
Not suggesting this is a given however it is a possibility.
Ververka will only continue to buy if he thinks the return will be substantial otherwise with the size of the stake he already has why would you.
I note he only bought a few out of that parcel last week so someone else was having a lash for a few
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