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1,545 Posts.
88
18/07/18
09:37
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Hang on a second my maths may be slightly off here but $35 m a quarter equates to 55% earnings per share a year!!!!
That's a PE of bloody less that 2 at a $1. And less than 4 at $2!! WTF!!
Even if Taurus paid $2 in 4 years Taurus basically get a company for free.
This won't end anytime soon no way can asic let this happen.
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