I thought that before killing myself with laughter I should just check what it would take to get to $10.
Not rocket science. Circa 250m shares on issue post SPP, so a market cap of $2.5B (starting to smile wildly.) The industry average PE ratio is around 15 so we would need a NPAT of ,drum roll, $167m. Time to check the spread sheet.
Our factory running at full capacity should roll out about 390,000 units and if we don't get any economies of scale produce a profit of $84m before tax. So we fall short of a SP of $5 unless theres more to it than that.
If the factory concentrates on producing flat packs which are exported to assembly plants around the world, $10 a share might just be the beginning.
Makes 18 cents cheap if you believe the story.
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $58.54M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $1.161K | 8.293K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19392 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 16311 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19392 | 0.140 |
1 | 126785 | 0.135 |
4 | 93889 | 0.130 |
3 | 114000 | 0.125 |
2 | 8271 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 16311 | 1 |
0.150 | 176772 | 2 |
0.155 | 19346 | 2 |
0.160 | 18100 | 1 |
0.165 | 20000 | 1 |
Last trade - 10.25am 22/07/2024 (20 minute delay) ? |
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