the australian - tech company valuation, page-16

hi oppie
In your discussion with the MD, did you ask about the possibility of another capital raising? In my mind that is probably the only thing stopping us from going a lot higher short term. If you extrapolate their 1q earnings we are on a pe of 14x which is way too cheap for a company with this sort of growth rate in a market sector which is growing exponentially. A more appropriate multiple for a tech stock with this sort of growth would be minimum 25x earnings which would put us at 40c