I agree miningnut. The second half is usually weaker than the first but if they maintain their growth momentum, equalling H1 (EPS 4.7c) would be likely. I’m sticking to my to my earlier forecast of a conservative FY EPS of 8c. That would give them a PER of 7.5 at 60c each. That’s too cheap in my opinion.
On the subject of the big seller, it could be directors selling down. They’ve sold a heap recently at much lower prices but I think it’s more likely to be a small insto taking profits. I’d buy more if I wasn’t fully loaded.
I hold ATG so do your own research
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- i have held them for nearly 10 minutes now.
i have held them for nearly 10 minutes now., page-7
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