Ann: Corporate Presentation, page-11

agree and thats the challenge

1/2 peers around 3 and the other half around 5 - would be helpful to have the peer names then can deduce reasons

so I posed this question the other day as well - whats it going to take to get to a multiple of 4.5 to 5 - which is not unreasonable. 5.5 is a best case put another way why does say company k&j have a mult of 5 - shldrs/trackrecord/capital efficiency/lease areas/hedge profile/debt profile / research coverage by tier 1 houses???? whatever it is

Eric should be able to fill in so be nice if someone asked him at the conference in perth