Ann: Managing Directors Presentation to AGM, page-98

Hey Fib, thanks for bringing this to my attention. I'm a newb and interested to find out whether you endorse Pilsner's SP prediction. It seems to me that short-medium term there is good prospect of moving to 20c-25c based on a more sensible P/E (from other threads, I've seen you make this price estimate too). But $1.80-$3.50? The MDs presentation doesn't suggest exponential growth in any of their product lines; growth is mentioned but the projection appears to be conservative.

I've been watching this since you tipped it on the STT thread a couple of weeks ago, and I think I will buy in next week some time (only a small parcel, I'm only in my mid-20s). The low volume suggests the seller has finished, which is good, and the buy side looked like it was shaping up later this arvo (although my view of the depth on CMC is somewhat limited so can't be too clear on that).

Have a nice weekend.

GLTAH