So using those conservative numbers of $370M earnings per year for stage 1 and applying a PE of 8
-> $370 x 8 = 2.96 Billion - so roughly double the current share price with conservative earnings and PE.
-> Stage 2 at least doubling the earning - one would expect conservatively a doubling of that share price again = 4 x 82 cents AUD = $3.30 AUD per share based on conservative numbers with conservative PE.
SK60
Which ship is PLS's 1st ?, page-32
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Last
$2.97 |
Change
0.025(0.85%) |
Mkt cap ! $8.849B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.01 | $2.96 | $6.014M | 1.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 144544 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 1946 | 3 |
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| Last trade - 10.12am 11/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |