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22/09/15
18:44
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Originally posted by Steini
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The current sp reflects the uncertainty until the LPE acquisition is signed. Without LPE SXT is worth almost nothing but once SXT turns into LPE and the milestones get achieved it will be a total different situation.
Assuming: regular + performance shares = about 2.1 b shares
- currently about 185 GW of 500 GW targeted under management ( 10 / 9 / 15 anns )
- 220k income per GW = about $ 40m revenue
- assuming just 15 % margin = 6m profit
- PE ratio at least 10, normally 30 for fast growing business, MC about $ 60m
- SP = MC / 2 b shares = 3c
This is based on the announced numbers, it should double soon.
Therefore I expect the sp to rise to 3c or 6c, after the proposed 1:2 consolidation, at least.
Summary : all good and probably way undervalued.
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There is no consolidation of shares