Apologies for being rough around the edges with my figures but this also doesn't take into account the start-up fees of the Style Runner business and a big assumption of acquisitions of franchise TAF stores (as stated in previous business updates/ann), brings the realised NPAT to around this 120M mark (Purely in my opinion). But once again, assumptions and speculations ! CEO has negotiated better leasing agreements across the board which I'd assume will also be realised over the long term, as well as Job keeper well into September!
But obviously are going to have to wait for full accounts in FY results to better decipher the numbers!
My numbers, which I don't entirely disclose to everyone, are based on deductions and forward forecasts! Personal numbers put AX1 at 2.3-2.5 range. Was tradjng at fair value prior to COVID, then add 10% on this. Just a simple way to put it. But global markets arent what they were 6 months ago and numbers cant predict human buying and selling habits!
AX1 Price at posting:
$1.49 Sentiment: Buy Disclosure: Held
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