Don't forget to factor in the extra shares on issue too with the recent cash issue. Maybe they do 8-10 cps this year ? Put a no growth PE of 11 on that and you get $1.00 :eek2:
Even more worrying is that most of this years profit will have been made in the first half and the near term prospects for FY22 look very bleak. Maybe FY22 eps is even lower than FY21 ?