A2M 1.67% $6.70 the a2 milk company limited

Time for a very basic simplistic valuation:Current market cap:...

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    Time for a very basic simplistic valuation:
    Current market cap: $4.1billion
    Net cash on hand around $400m
    So $3.7 market cap ex cash

    Half year profit was $120m from continuing operations. (reference Half Year Financials)

    $120m is $240m annualized.
    $240m x 15 times = $3.6b

    Close to current market cap ex cash.
 
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Last
$6.70
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0.110(1.67%)
Mkt cap ! $4.843B
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$6.64 $6.77 $6.64 $12.36M 1.844M

Buyers (Bids)

No. Vol. Price($)
2 10812 $6.69
 

Sellers (Offers)

Price($) Vol. No.
$6.70 12740 3
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