When looking at a future SP it's best to do a range from sub-optimal to optimal parameters. While things have changed a lot from the NPV's a lot of us were doing in the early days there is still a lot of potential.
Lets just do something ridiculous:
Profit $5K p/t @ 10K tpa = $50M pa
2B shares on issue
= 0.025c per share pa
ROI sought 6% grossed up
Share Price 0.025 / 0.06 = 42c
5-6 bags for most.
Hopefully the real world parameters in a full blown bull macro are better than that.
Personally my updated target is in the 80c - $1 range.
IMHO DYOR
GLOBAL X LIT ETF FUND TOTAL, page-130
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Last
3.6¢ |
Change
0.001(2.86%) |
Mkt cap ! $52.41M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.5¢ | $92.71K | 2.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 305547 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 1391477 | 7 |
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