A relatively big article under a “Booming ahead, showing...

A relatively big article under a “Booming ahead, showing resource” title was published today in AFR. There are a number of fundamentals mentioned in the articles. Here are some of them:

- The company "could reach $40mln in earnings before interest and tax this financial year"

- The company is "trading on a forward price earnings ratio of less than eight times compared to larger better-established players with leverage to the mining boom such as Seven Group ... at 10 times and Campbell Brothers ... at nearly 17"

- "UBS notes that Boom’s share price is still trading at about 45 per cent discount to reported net tangible assets"

- "The broker kept its buy recommendation on the stock".

2 mores facts:
- 2 weeks ago managing director Brenden Clive Mitchell bought 600K shares at an average price of ~27c

- Somebody today (at 11:01:32) bought ~386K shares at 29.5-30c

irynka