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Ann: Business Update, page-203

  1. McQuade
    1,376 Posts.
    lightbulb Created with Sketch. 488
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    18/08/20
    10:08
    Post #: 46613855
    you reckon a this company can make $30m NPAT in a few years time?
    Growth company facing massive markets with a novel product addressing a global algae problem.
    20x p/e would be more than justified.
    Gets you $1...easily.

    IF the market believes that you get your $1, if it doesn't you get 30c.

    What do you believe?
    PET Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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