Ann: Trading Halt , page-31

Stefanis,

Still on a learning curve with LEI.
I also agree that there could be some more bad news lurking in the cupboard.

I had a different price range.

Shares on issue before CR 301m (from Comsec)
1 for 9 cr 33.4m additional shares
gives total shares of 334.4m
600m earnings = eps of $1.79c
on a p/e of 11 = $19.73
on a p.e of 13 = $23.32

I am thinking that w/out a final dividend, there is every chance that it could trade in the teens. If it shoots to the low side of $20, there could be some value for a dividend stock, with some growth. i,e diversify away from the banks.

Are my numbers correct?
Is my thinking reasonable?

HT1