Finch check my ABS post, that earnings included a one off gain of about 20c per share, i think you will find the current PE is about 7 based on CURRENT MARKET PRICE! assuming they will even make 20cents per share that is.
the market doesnt have it wrong, although we could get a bounce back to 160
ABS
a.b.c. learning centres limited
morgan stanley announcement, page-4
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