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ANG valuation

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Contributor

I am trying to wrap my head around ANG valuation. Over the last 3 years, the highest EPS was ca. ZAR4,00. How is it trading at ca. ZAR170 (PE multiple of 42)? The gold price also has stayed relatively range bound (in USD) over the past 5-years (USD1,050 to USD1,350)

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Wow, share conversations have dried up here... Where is everyone moving to?

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