WLD 13.3% 1.7¢ wellard limited

WLD 2020FY PROFIT, page-2

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    Thanks Andy for this nice piece of work. Wellard is momentarily not a growth story but a debt free income earner. What PE would you apply? 10 maybe 15? In case we would have 5 Mio in future earnings, that should give us a MCap between 50 and 75 Mio. Do you think 4.8cts is cheap? I think so.

 
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