well, the US pumper reckons this, and likes of Voncee loves it too, so re-posted
I'll call it the NIPER (No idea price earnings ratio)
Its really easy, a simpleton could come up with it
so you take total revenue, and you x it by a PER of 10-12x to get a market cap valuation.
In this case, that would be 5.5-6.5cps allowing for some options (waaayyyyy in the money options btw)
If that doesn't make you laugh, i can't help you sorry
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