DW8 Growth, page-13547

Fair Value Estimate

0.084

DW8 is trading below its Morningstar Fair Value Estimate.

2,644,666,492 shares x 8.4c = $222,151,985 MC / $10.228M TTM = x21.7 TTM multiple.

The $768k from Q3 FY21 will be replaced by approx. $5.7M Q3 FY22 + $4.8M banked via NDC sale.

TTM will be $19.96M x 21.7 TTM multiple FV = $433.132M MC / 2,644,666,492 shares = 16.5c SP.

Current MC of $95,207,994 / $10.228M TTM = x9.3 multiple.

If SP stays undervalued at around x10 TTM x $19.96M = $199.6M MC / 2,644,666,492 shares = 7.5c SP.

Cash burn will be reduced significantly Q3 FY22 due to the $4.8M cash banked from NDC sale. Could possibly be cashflow positive.
https://newswire.iguana2.com/af5f4d73c1a54a33/dw8.asx/6A1077128/DW8_DW8_Banks_$4.8_Million_on_Sale_and_Leaseback_of_NDC