General Comments & Banter, page-10384

Thanks Domum for also defending me in this,
No offence EP but before you take a swing at my own mental capabilities at least have the mental capacity to read the whole post and understand the nature of a P/E price assessment before demeaning me

first of all, i'll quote it again. "Please remember that companies will be worth more in advance, particularly now as we are not in a profit producing stage"
you understand this concept right?
say company A is producing a profit of $100m per year, but next year it's forecasted to be $1 billion per year.
Do you think the company will be valued at their $100m per year profit in the present.
No.
it will be the $100m price x the probably % they will be producing $1b next year.

The Share price was purely based off the P/E numbers. nothing more, nothing less.
Smart readers will take this into account, guess this isn't you then.

For the record i think the company's fair value is around 30-35c at the moment, subject to more after some offtake agreements.

pull your head in.
Cheers,
Jez.