FHE frontier energy limited

Ann: Corporate Presentation (Non-deal Roadshow), page-5

  1. 10,760 Posts.
    lightbulb Created with Sketch. 54
    Thanks, I missed that!
    So forecast EPS is ~$0.16. Say a future PE of 10 (conservative) then future SP =~$1.57
    Assuming the need to issue more shares of say 20% would give EPS of ~$0.13 and wiht PE of 10 a future SP of ~$$1.30
    If the above calcs are correct, then over the next 1 to 2 years we should expect this to go up by almost 400% from current SP
 
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