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ION 93.0¢

ion worth $3.60+ trading at $2.32 !

  1. wigram

    175 Posts.

    ...after AVV. Both these companies trading at 2004 PE's of less then 9 (if not 8) - ASX Small cap average is near 16 - these two have best growth prospects of any small cap (and pay large dividends!). ION and AVV should trade at PE's of at least 14 which would equate to share prices of AVV = $2.40 odd (currently $1.52) and ION = $3.60 odd (currently $2.32). Anyone agree / disagree? Interested to hear any comments.

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