Crown House shares have moved within a fairly narrow price bracket during 1970 with a high of about 6s. 5d. and a low of 4s. 3d. They are currently about one shilling below their highest point, where the priceearnings ratio is around 75. On the basis of previous performance, and in view of the strength of their current operations, a more realistic price is around eight shillings.
Industrial Management – Emerald Publishing
Published: Jan 1, 1971