ROC 0.00% 12.5¢ rocketboots limited

Can you explain how signing Foodstuffs equates to a $1.20 share...

  1. 138 Posts.
    lightbulb Created with Sketch. 58
    Can you explain how signing Foodstuffs equates to a $1.20 share price? They'll get around $2,000 - 4,000 per annum per Foodstuffs store and their website states they have 330 stores. BEST case scenario they sign up all 330 stores, 330 x $3,000 = $990,000 in additional ARR. You believe an additional $1M in ARR will 6 bag the market cap at the time you wrote this? As of the price today it would have to 12 bag.

    This post is pure ramping.
 
watchlist Created with Sketch. Add ROC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.