will end further up today imo, page-10

re: second half profit typos fixed Dear Rewlin

Although positive, the article was riddled with material errors of fact.

At today's share price the estimated PE by the 6 reviewing analysts is 7.76. The average earnings is 47.8 cents ranging from Austock 34.8 cents (21/7) to Citigroup 67.2 cents (5/9). The Austock people are pretty slow with their revisions to say the least.

The same figures for JBM are PE 12.99, average earnings 71.2 cents based on a range of 48.9 to 96 cents.

Applying the JBM PE to MRE the share price would be $6.21. I would be very happy with that price!!

Regards Eos