read their recent report from last weeks meeting - explains it very well. Fuked if I know how it got sold down this far though - PPT has become a substantial shareholder too recently - maybe accumulating on such tax issue fears.
Looks good value to me at these levels - very healthy company, sitting on a shedload of cash, pe of 8and 2006 pe of 5 and pays a fully franked dividend!!! What am I missing?
read their recent report from last weeks meeting - explains it...
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