I have been looking into a few "like" companies. I was simply looking at what PE ratio they had. The idea being that "when" BLG are making $ what would/could the company be valued at.
The low end of PE ratio was 17 and the high end was 34.
I used 17 for BLG and worked off the 160m revenue the company was targeting in the future.
The end result was a price target for BLG of 51c
This is just speculation and should not be considered financial advice.
BLG - General Discussion, page-2
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $60.29M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $2.294K | 66.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 429293 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 32258 | 1 |
View Market Depth
| Last trade - 15.40pm 14/06/2024 (20 minute delay) ? |
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Last
3.5¢ |
Change
-0.001 ( 2.94 %) |
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| Open | High | Low | Volume | ||
| 3.3¢ | 3.5¢ | 3.3¢ | 294667 | ||
| Last updated 10.51am 14/06/2024 ? | |||||
| BLG (ASX) Chart |