one dollar, page-6

VSG has say 600M shares on issue.

To reach $1, on a PE ratio of 14, it must earn 7 cents per share or an annual net profit after tax of $43M.

Can VSG earn $43M NPAT a year?

That is the $43M question.

If VSG earns $2M NPAT a year, the share price is worth 4.6 cents, which is a 300% gain on the 1.2 cents entitlement price.

Go VSG!