BUY

Sunday Herald Sun - - Finance -

An­other good set of quar­terly num­bers last week with iron ore 12% above ex­pec­ta­tions. Re­mains at­trac­tively val­ued on 0.81x price/net present value. Bad debts very low and man­age­ment con­tinue to per­form via strip­ping out costs. Re­cent branch clo­sures should help cut over­heads.

$26.20 $4.64

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