Aspect Equity Valuation

For those of us that use the Aspect Equity for research they currently value MRL at $8.59,QUESTION, how this figure was achieved, and their calculations are based on the following: 0.81c bookvalue/ share - 8.19%discount rate - 57% dividend payout rate - .193c first yr forecast EPS. - .219c second yr forecast EPS. - 30% long term EPS growth. - 24% long term industry average ROE. I did Email Aspect direct 01/10/02 as at 03/10/02 no response for the above calculations, I just happened to log into Egoli forum this morning and somebody else(EG) had received a response to the same query. malanno