TLG 3.33% 58.0¢ talga group ltd

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  1. 86 Posts.
    lightbulb Created with Sketch. 13
    HG, unless my calculator is wrong, I believe we currently have 359M shares (not 450M) so unless there is a dilution due to a capital raising, your figures are somewhat low!

    20000T x $4000US/T x 1.5 ($US v $AU) = $120M (AU)

    359M shares = $AU0.334/share

    P/E of 15 gives a valuation of approx $AU5.00

    Happy to be shown to be wrong (but only if I am on the low side)!
    Last edited by 43degrees: 04/11/23
 
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