A$22.7m locked in over 3 years. Let's average that out to $7.5m p.a - PE of 30 (Ohm is ridiculously low capex and will be 95%+ profit IMO). That gives us
23cps.
In my previous valuations I had attributed 0 value to Parse. I don't think that is justifiable any longer. With US$10-$15m coming online in 2018 (~
40cps of value alone) it's definitely worth
at least 10cps of future value (IMO - and yes this is subject to a wide range of variability).
We also have the main platform - worth around 6-
8cps at this stage.
Finally we have the future growth and value of the Ohm -
given they've secured $23m in 2months, the upside is obvious and huge.
Taken together this equates to easily a $400m MC IMO.
But I think even
@goldbear77 valuation of 58-87c will come into play by the January Quarterly.
I'll be very, very happy to topup on Monday at substantial premium to the last traded price.
GLTAH.
