FFG 10.0% 0.9¢ fatfish group limited

What is Fatfish & its Primary Investments, page-91

  1. 1,914 Posts.
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    if my prediction for next CY is correct that ICI generates $35m revenue & $15m GP, then yes, 10¢ is actually low balling because FFG has 192.5m ICI shares which would then be worth $96.25m alone, if ICI has a P/E of 40 which equates to ~50¢ SP for ICI. (FFG's current MC is $50.77m @ 4.9¢ & ICI's current SP is 13¢)
    i know lots of "ifs" but i've tried to be conservative with my estimates here:

    https://hotcopper.com.au/threads/ann-icis-investee-rightbridge-ventures-raises-sek-5m.6487370/page-16?post_id=58386254
    Last edited by FingerLicking: 18/12/21
 
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