I should also mention that this is based on FY17 EBITDA. Electricity prices will go higher, and I hope that LGC pricing for FY18 will be higher than it the average LGC pricing for FY17, and there is less debt and less intereste to pay. Therefore FY18 EBITDA can be expected to be higher. So a forward looking P/E ratio could be as low as 4!!?!
Flyers Creek Approved, page-11
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