CNW 0.00% 6.1¢ cirrus networks holdings limited

So what's happening., page-44

  1. 1,154 Posts.
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    Definitely difficult to give a precise IV at this stage of the game

    But used previous Cash flow statements to predict a rough
    (NPAT of $2,000,000 for EOFY/17)

    Mistake Free Version, I believe

    3Q/FY/2016 = $365,000
    4Q/FY/2016 = $415,000
    1Q/FY/2017 = $49,000

    So using the above, & predicting strong growth to continue,
    I roughly calculated around ($500,000 per quarter) for (2017 financial year)

    Divide ($2,000,000) by (676,426,485 shares) = (EPS of roughly 0.30)
    Apply appropriate PE
    ($0.003 X 20 PE = $0.060)
    ($0.003 X 15 PE = $0.045)

    So I know its not precise,
    But something to hang your hat on never-the-less

 
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