BullBear45 - as RSH won’t have to pay Income Tax anytime soon, nett earnings/profits should be 30m - 40m for this amount of uptake.
That would translate to approx 5c earnings per share! Therefore a conservative P/E valuation of 20 for a SaaS company like RSH the share price should be $1 approx.
But this is only the start...
Cheers
Ann: Entech Electronics appointed as Global Manufacturing Partner, page-10
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Last
2.7¢ |
Change
-0.003(10.0%) |
Mkt cap ! $30.95M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $5.574K | 206.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118134 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 318283 | 1 |
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| Last trade - 14.35pm 02/08/2024 (20 minute delay) ? |
| RSH (ASX) Chart |