Re: “I just can't justify in my mind a market cap of over $1bn.”
You’re in luck then, the market cap is not over $1b, its only $375m after todays rise.
A PE of 20 would require less than $19m NPAT.
Its getting close to the cap required for ASX300 index entry. Just need the share price to gradually rise from here to make the next adjustment in around 5 months.
Technicals, page-350
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Mkt cap ! $44.96M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 282 | 73.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 200 | 1 |
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