Once this gets going all the ingredients are there for explosive growth in the share price
-sales growth: more projects coming online as per wombat’s timelines
-rising profit margins: moving from the porcelain market ($) to concrete ($$$) to HPA ($$$$) and other new halloysite applications and blue sky tech beyond ($$$$$...?)
-rising return on equity: rising profit margins, distributing dividends to investors and then increasing the payout ratio of those dividends
-building a brand: once we move into the ASX300 and beyond Andromeda will become a recognizable name, and not just locally. Really reaching for the stars here but imagine ADN becoming the FMG of industrial minerals in Australia.
These are the key ingredients that will drive earnings per share AND an increasing PE multiple. These two things in combination are electrifying for the share price. I think we’re in for quite a ride.
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