re: Ann: Update on Lodgement of Interim Finan...
ew1,
Not sure about the NPAT post MTM?
However the management EBITDA for the half will be closer to $15m excluding the $8.7m from the Carbon Tax.
I have said it before the SP should take a hike to about $110/share (conservatively) once the half year announcement is made.
The SP will then potential move up again from $110/share to close to $200/share if and when the board can put in place a long term funding agreement with the banks.
Having said that, AEJ may come under a takeover before the SP can reflect what the business is now truely worth.
Interesting times ahead and only two weeks away!
AEJ Price at posting:
$8.55 Sentiment: Hold Disclosure: Held