Hi folks,My calculations:PE= 0.43 (2010/2011)EPS Growth...

Hi folks,



My calculations:

PE= 0.43 (2010/2011)

EPS Growth Yr1=1,032.65%

Current SP ($0.008)

0.008 x 1032.65% = $0.082612 - rounded up = 8.3c

If AXM meets its profit forecasts for this 2011/2012 year I reckon the share price at June 30th, 2012 should be 8.3c.

Of course this would depend on Gold prices and other variables. not an exact science I know.


Alt Out!