AB1 0.00% 18.0¢ abarta resources limited

# of AB1 Shares on Issue and current EBIT best guess., page-15

  1. 257 Posts.
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    Thank you Mom88. I knew either you or frontline would help me out .

    So based on having approx 1.3 billion shares on issue with a forecast revenue for 2021 of $150,000,000 and using an EBIT of 20 X means that AB1's share price presently should be around $2.30

    Following on from this then AB1's current Market Cap is $3 billion dollars right now!

    In my 40 + years of investing I would realistically expect "a first in market new age stock" like AB1 to trade at an EBIT of around 50 X meaning that AB1's share price could be around $5.75 if we were Listed right now!

    This would then translate to AB1 having Market Cap of $7,475,000,000! (thought I would put all the naughts in lol)

    Primary Market $1.50 is still very cheap imo.

    I stand to be corrected if any one else wants to check my calculations.

    (I Have re-posted this on the "Animoca Unicorn raise Investor Deck" thread as well for those not interested in this thread.)

 
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Currently unlisted public company.

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