let's measure it as a fintech here and take P/E at 35x. based on the suggested conservative end of the EBIT being $1.5m in FY2025, 35 x 1.5m gives us a MC of $52.5m, at the current MC of $33m, I see about a 2x from here logically speaking but logic doesn't matter if it runs I guess, but that's a big IF at this point so rationally I only expect it to re rate towards 20c at some point and leveling out the 13-15c range, at 15c, MC is around 45m I think (rough numbers) time will tell.
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let's measure it as a fintech here and take P/E at 35x....
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Last
4.6¢ |
Change
-0.003(6.12%) |
Mkt cap ! $16.54M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.6¢ | $22.05K | 472.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 92357 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 25313 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 92357 | 0.046 |
4 | 166335 | 0.045 |
1 | 100000 | 0.042 |
2 | 188250 | 0.040 |
1 | 263157 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 25313 | 1 |
0.050 | 37300 | 1 |
0.054 | 20108 | 2 |
0.055 | 5000 | 1 |
0.062 | 3355 | 1 |
Last trade - 15.38pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
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