CSM consolidated minerals limited

CSM - 6.4 PE. Why

  1. 10 Posts.
    As happened with BHP, North and many more it seems that an overseas raider will have to come in and take out CSM real cheap before the local institutions realise that with a PE of 6.4 and a 5c fully franked dividend, this share is too cheap. Or is there something I'm not aware of.

    I hold CSM shares.
 
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