been looking at the whizz bang? numbers for AGO last half npat of $30m ho hum i say! 800m+ shares sp $4.00 so ball park full year npat around $55m-$60m...big deal
i look at WPG for 2013/14 i think...expected npat is $90m with only about 250m shares.
this shows me what a great set up WPG is & either our sp will be & should be about $6.00 & or AGO is massively pumped to the max.
imo $60m npat on a mc of around $3.3b is very poor use of assets,for example TOL on a mc of about the same as AGO made last half $175m npat.
if WPG isnt $6.00+ by 2013 giving a mc of about $1.5b
WPG Price at posting:
96.0¢ Sentiment: Buy Disclosure: Held
