Moving on from the school boy and his antics…
the $40 million free cash per year is huge. Not suggesting all will be paid as dividends, as there are going to be company growth opportunities that need some cash, but if they do. at a reasonable P/E ratio our target MC is $500 mil plus. 9900% growth!! (Maths not strong point so please correct me if that is wrong)
this is a huge story developing, not many companies have such a growth story to tell. Wow!
Ann: Corporate Presentation Gold Coast Investment Conference, page-12
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