I think $2 is realistic. I believe a conservative value for the cash rich fast growing SaaS nature of mite is 12 x ARR which equals 10x 10 million = 120 million. That equates to approximately $1.70 per share after the equity raising. The value of snare needs to be added to this.
Prophecy has been below the radar and the re-creating to a fair value has begun. The equity raise and recent publicity has catalyzed the re-creating. DYOR but I believe there is still a way to go yet.
News: PRO Prophecy International Gets Firm Commitments For A$7.7 Million Equity Raising, page-8
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Last
40.0¢ |
Change
0.030(8.11%) |
Mkt cap ! $29.50M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.5¢ | 36.5¢ | $337.1K | 885.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3049 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 1314 | 1 |
View Market Depth
| Last trade - 15.56pm 07/08/2025 (20 minute delay) ? |
| PRO (ASX) Chart |