Ann: Half-Year Financial Report 31 December 2020 and Appendix 4D, page-10

Nothing wrong with your questions. Kyriaco is offering the optimistic blue sky case without regard to risk.

"say Harvest can generate 50m in revenue by mid next year with say 85% GM that's circa 40m net profit
what is the business worth then ? 5x say $2b?:"

This is pie in the sky stuff and isn't going to happen in the time frame suggested. As you say a lot has been price in and very little has been actioned. Stocks like these do well in a bull market but when risk appetites are high. Watch out if it turns.