Just doing a back of the envelope calc here. If we assume $40M...

  1. 14,314 Posts.
    lightbulb Created with Sketch. 361
    Just doing a back of the envelope calc here.
    If we assume $40M run rate for Aust by end of 2015...and nothing for US.
    90% Margin on Aust revenues = $36M profit.
    Less $8M costs of US operations = run rate of $28M profit before tax ...for Australia alone.
    PE of 30 gives us a MC of $840M....or roughly 4 times todays MC.
    Giving us SP of $2.40

    Shoot me down if I'm mistaken?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.