Hi Stoff---off subject Redback Mining, page-3

The thing is Stoff--you'd have to wonder with BB's I think it must be too much meat in the diet Stoff---for many have this competitive thing>>>now in the last few weeks ING have had plenty for sale>>>it is not as if anyone will miss out>>>LOL
Yes I believe you are correct a couple of cents doesn't really matter for when it goes up and selling pressure is relieved (see today's announcement) it tends to pop up a few cents>>>by the time you get to the phone anyway>>>if your view is of a 3 to 6 month duration--you would quite simply just be holding around these levels waiting for that to happen>>so I think you'll be okay.
EPS---known is 1.6c--if we multiply by 15 we get a valuation of 24c---then if PWR estimate of full year is 12.3 mill---(half year was net profit 6.08 mill) we add another 1c say to eps giving us 2.6c--then multiply by 15 we get a medium term value of 39c with the entity reporting in August/September>>>still tax selling to go yet>>>the sector is bearish>>>can't really add much more than that>>>net asset backing is 16.97c--CBA's avergae price paid>>>The bonkers scum point--12.5c
It is such a pleasure to converse with you>>>wish there were more people like you in the world>>>very rare to meet someone such as you on a BB.
Cheers,--Steve. (I'll probably be banned next time you post--I'm sure you can recognise me though)
Their is a bloke who wants to rape my wife posting>>>but in the BB owners estimation thats okay>>I wonder what sort of sick psycho the BB owner is?---LOL)