Haha no that's not correct sorry. Way overvalued at that price.
Take debt repayment off $15million and use for tax purposes. Then company tax etc
Let's say net profit is around $180mill and it trades at a P/E of 10 then that would make the share price around $1.10
Sorry I don't have time to give a proper analysis
If you factor in moving to 5MT and possibly getting higher prices for lithium for the next few years then the share price would be high, very high but nowhere near your figure
Pilbara charging up to be a cash machine, by Barry FitzGerald, page-31
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Last
$2.80 |
Change
-0.030(1.06%) |
Mkt cap ! $8.444B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.89 | $2.79 | $52.63M | 18.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 263602 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 8000 | 1 |
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