LWB was offered $5.30 and had a reproted NPAT of $11.65M putting...

LWB was offered $5.30 and had a reproted NPAT of $11.65M putting the acquisition at a PE of 29.

Current share price 12c. Forecasted 2015 valuation of ~30c thus equaling a internal rate of return (IRR) of ~35%. If valuations utilize a PE of 29 we start getting very interesting IRR. (Hahaha I've never valuaed something like this before so I'm just using my new valuation toy).

Scale + distribution strength + evolving consumer habits = very interesting upside.

Interesting.