Buying at 30.5 is the equivalent of buying at 28.7 yesterday and arguably even more with creaking credits in a super fund.
These guys are paying off debt at a rate that would see them debt free within 2 years
The current half year earrings put them at a PE of just over 3 . I know we will probably have a weaker half , but seriously - 3-4 PE , with 1 x debt to Ebitda and a yield of 10% FF . What more can one ask
PRT Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held