Depends if you are talking TA or fundamentals. Using...

Depends if you are talking TA or fundamentals.

Using fundamentals, you can multiply the expected NPAT by a conservative figure of 10 to give you some type of guidance of expected market cap.

Currently, they are expecting an underlying NPAT of between $4-6 million.[/BCOLOR]

This puts it at between $40 million to $60 million, as a quick check.[/BCOLOR]

Then you decide on your risk appetite and the company growth prospects. A fair price-earnings ratio is between 10-17, so you can go up to 17 times the earnings (and still be of fair value) if you think they have growth prospects or your risk is a little more towards the casino end.[/BCOLOR]
[BCOLOR=rgba(255, 255, 255, 0)][/BCOLOR]
[BCOLOR=rgba(255, 255, 255, 0)]https://en.m.wikipedia.org/wiki/Price–earnings_ratio[/BCOLOR]
[BCOLOR=rgba(255, 255, 255, 0)][/BCOLOR]
[BCOLOR=rgba(255, 255, 255, 0)]

So, as you can see, if you think VMT will hit the higher end, and if you use 17, then the market cap becomes $102 million or 66 cents per share.

]Note, for growth stocks, PEGs are used and PEs of 40 can be seen, although it's too high for my liking.[/BCOLOR]


Good luck and always do your own research. It's not an exact science and these are only my own musings. Others will have their own story your tell.

;-)