On the question when a2 will get back to $20 a share the following theoretical answer could be considered.
If the price is $20 and we use a multiple of say 30 the Earnings Per share (EPS) required to support the price is 67 cents.
i.e. 30 X .67 = $ 20.
EPS for year ending 30 June 2024 was 23 cents.
If I compound 23 cents for 8 years at at 15% the answer is 67 cents.
So to cut to the chase it could take 8 years to get to $ 20.
So they have to use that pile of cash to improve EPS e.g. business acquisition that makes profits to accelerate EPS.
Any thoughts anyone.
On the question when a2 will get back to $20 a share the...
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