Interesting article likely explains the jump in share price...

Interesting article likely explains the jump in share price yesterday and likely continued rise into end year results!

Jul 23, 2013 (The Australian Financial Review - ABIX via COMTEX) -- M2 Telecommunications is expected to generate earnings per share growth of around 45% in fiscal 2012-13, but the stock continues to trade on a price-earnings multiple of 11.5. Shares in the telco fell to $A5.01 in May, against an all-time high of $A6.48, but analysts believe it is ripe for a share price re-rating. M2 is likely to report earnings per share growth of 36% in fiscal 2013-14.

http://www.tmcnet.com/usubmit/2013/07/23/7297381.htm

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