Looking at the SFG side they are issuing 2 billion shares.The SFG entity has rev of $20 million and strong EBIT.No quoted figures but generally at 4 times EBIT.The existing issue was done at .002c so the company was valued at 1 billion shares x .002c = $2million.Double this and given $20 million revenue is double the existing would value the SFG at $4 million.$4million divided by $1 million EBIT equals 4 times No quoted EBIT so hard to value.Not sure where they get the .0075c to value SFG at 2 billion shares at $15 million when they have revenue of $20 million.Has anyone got the EBIT figure to value as you can have plenty of revenue and still be losing money?
SEQ Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
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