IMU 2.04% 4.8¢ imugene limited

IMUGENE CHART. TA only, page-2761

  1. 6,582 Posts.
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    if IMU has a market cap of 1.5 billion-ish the average PE of a company is 15-ish that would mean IMU needs to earn 100,000,000 to be fairly valued yer ?

    because 1.5 billion divided by 15 is 100 million so earnings would have to be 100 million to have a pe of 15

    now this is where my maths gos terrible 100 million even if they paid just 2 percent of that to dividends, what would that be 2 million divided by the amount of shares on issue 5 billion ? so 2 million divided by 5 billion is 0.005 a share ?

    lol i dont even know if thats a cent 0.005 isnt that half a cent ?
 
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