Shares down 15% today due to another profit downgrade. Perhaps all the bad news is now out of the way?...
Represent pretty good value IMHO.
91 million shares. $3.28 current price. Market Capitalisation $298
Advised EBIT for this year to be $44m. P/E 6.77 Dividend 6%+ (fully franked)
Am i missing something here? Are my calculations correct?