A 14 bagger from here ($1.07) on a company that forecasts earnings in 2024 of $6.4 million?
Forward PE ratio of 483 times Easy $3 billion market cap? $15 share price? Very very funny.
PNV which apparently is a success story is a $1.6 billion market cap company.
At current price it would be forward PE ratio of around 36 times and that is assuming earnings come in at $6.4 million in 2024 which you can bet your last dollar it won't. It will make a loss like all other biotechs on forecasts
RHY charts, page-79
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.85M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $5.166K | 51.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 164195 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.43pm 18/10/2024 (20 minute delay) ? |
| RHY (ASX) Chart |