"We have also forecasted Group EBITDA of $3.38 million for the current financial year which represents a significant turnaround on LBITDA of $0.27 million for FY2023."
From a future share price calculation, take the forecast EBITDA of $3.38 million as earnings & base it on a P/E of 30 & you have a calculated share price of $0.75. That is based on a rounded 135 million shares on issue which calculates to 2.5 cents per share.
The $0.75 is 220% of the current share price of $0.34.
SMN Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
