>Is a share price today of A$6 worth a return per share of about $1.50 starting in 3 years time? It does seem undervalued to me...
Good post BB,
On a forward P/E basis assuming accuracy of your figures that means that EXT is trading at a forward P/E of a little over 4.
This is actually very normal for any company that is 3 or so years away from production.
As production draws nearer then that essentially means that the P/E can then rise up to 12 or more. This normally takes place when production is anything up to 1 year away.
The dollar per pound evaluation ONLY becomes valid in a takeover situation whereby full value has to be realised then and there for a sale price.
If a takeover offer is made then great! It can happen to any company out there so take your pick.
Good luck to all.
ext valuations and thoughts on future drilling, page-2
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.65M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 441211 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4762564 | 2 |
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| Last trade - 09.59am 25/06/2025 (20 minute delay) ? |
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