Hmmm I just checked Woodside about AUD$10b in revenues and a AUD$70b market cap or x7 the revenues.
So obviously GGE a completely different company but if it ever reached AUD$300m/yr in revenues does that mean it has the potential to be a AUD$2.1b marketcap company who knows?
That would be about x50 the current 2.5c 40m mc for a $1.25 shareprice assuming no dilution along the way.
x50 the current shareprice is a dream for now as the next well is vital in unlocking whatever the upside potential might be.
Post positive publication, price prediction pool (bit of fun), page-6
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $8.208M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.174K | 335.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 14356925 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2399703 | 2 |
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| Last trade - 13.22pm 09/09/2024 (20 minute delay) ? |
| GGE (ASX) Chart |