NEU 2.50% $15.59 neuren pharmaceuticals limited

I'd like to see the assumptions and math behind that NZD104M net...

  1. 269 Posts.
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    I'd like to see the assumptions and math behind that NZD104M net profit number. Hard to believe it's achievable so soon as financial 2015.

    Assuming for a moment it's reasonable, equipped with a lot more upside than what may well transpire in 2014, I'd have thought that a 20x multiple would be justifiable.

    So AUD97M/1.6Bil shares = 6.06c/share x 20 = $1.21 sp.

    Divies could be interesting in future years. Not much further capital needed once manufacturing and distribution partnerships are enacted.

    ***Just my playing with numbers - PLEASE DYOR ***
 
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