SALVATORE dont you think you have your projected numbers...

SALVATORE dont you think you have your projected numbers wrong.???...they stated in their presentation that they would achieve 26.5 million EBITDA so even if you halved that as NPAT which is conservative ( more likely to be around 18 million NPAT )you have 13.25 million NPAT Divide that by 280,000,000 shares on issue you get an EPS of 5c

Multiply that by say 10 gives you 50c per share worst case scenario and considering their peers work on multiples of 15 then we have at least 75c per share



cheers