I don't understand what the cost of equity is used for... dude, as I said, you didn't even know such a thing existed a month ago, and I've spent the last 15 years making $10s-100s of millions of dollars investing in the space, and I need to refer to google?
So you think FY20, free cashflow is $600m hahaha?
@dubspec
Another "ebb tide" post from VT - you will be lucky if that one is not moderated. You need to lift it above veiled sledging. What have you got against fintech stocks as I note that your invective has spread beyond AFY to now include ZML?
Have you had a bad experience which has contributed to your negative crusade. Self help books or medication might be of assistance
@dubspec @Mexicanandre @SWMiller @AllFuelledUp and
@DrDante all with experience in the space, have all told you, you are literally smoking a very very potent hallucinogen
Here is an example of your DCF:
Christos gets a coffee at his favourite Coffee Shop:
Christos: Morning, I’ll have my usual flat white thanks with one sugar
Shop owner: Hi Christos, coming right up
Christos: Hey did I tell you, I am now Investopedias top contributor, and have been offered a teaching fellowship at Lakemba Tafe ?
Shop owner: Wow! Congrats mate… although I didn’t realise they had a finance program
Christos: Hey, have you ever thought of selling this place? Cashflow would be good, great coffee… you could get a bomb for it.
Shop owner: No, never, do you think I could?
Christos: Well yeh, I mean you do $1m a year in revenue, off the back of my DCF – which ive extrapolated out , Id say this café is worth at least $25m
Shop owner: Wow! Sign me up!