EAX 0.00% 32.0¢ energy action limited

I know it refers to FY14. But given the higher growth forecast...

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  1. 2,087 Posts.
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    I know it refers to FY14. But given the higher growth forecast for FY15 I think it is worthwhile to take the average of broker forecasts for FY15, say it should trade at a PE of say 20 by then and discount it back one year. If we expected steady growth from FY13 to FY15 that wouldn't be necessary
 
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