Market cap $11m, cash and shares in BRK just over $11m. I expect about $1.2m revenue per quarter of which about 30% steady rate will be set aside for costs.
Not a bad loan arrangement they have. It'll produce an extra $250k of revenue over the next 8 months. Net profit for the next 12 months will be about $3m.
On a forward basis of 12 months it's fully cash backed at 1.6c per share, and earning about 0.4c per share per year in profit. I can expect a fully cash backed share price of about 2c when the market decides to price in this rather sensible forecast and possibly 2.4c if looking at a 2 year earnings basis. This is conservative as it should be.
I will add more on share price weakness here.
Just my estimates and opinions. DYOR
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Mkt cap ! $4.791M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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7 | 8513309 | 0.7¢ |
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Price($) | Vol. | No. |
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0.8¢ | 3356497 | 7 |
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No. | Vol. | Price($) |
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7 | 8513309 | 0.007 |
5 | 1783008 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
3 | 1770009 | 0.003 |
Price($) | Vol. | No. |
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0.008 | 3356497 | 7 |
0.009 | 4200840 | 4 |
0.010 | 1600000 | 3 |
0.011 | 1920690 | 3 |
0.012 | 830000 | 1 |
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