PRN 0.71% 69.5¢ perenti global limited


  1. 85 Posts.
    Result just in with eps fully diluted of 9 c.p.s and paying a dividend of 1.5 c. Looks like Ausdrill is in good health with quote " the mining industry in Australia has shown sustained signs of improvement and the recent increased activity in exploration work is a strong indicator for the future of this sector." i don`t think a p.e. of greater than 10 is warranted but you`d have to say $1 looks a reasonable target in the medium term.

    I hold ASL
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