RE: Well! This is nice28 Jun 2025 11:50
Looks about right to me. Further to my post of last night I looked at the situation of 2015 when CPI was at its high. From the 2015 annual report, 670m shares in issue, PBT £585m, Share price £11 ish, FCF £348m. Different business then obvs.
So MCap vs Share price looks in line with FCF proportionally..Share price £12