Looking at the MC there around $1.5b. To me looking at it just does not compute.
$10 NPAT so say $20m for the Full year. Still trading expensive. Maybe.
Though think about that at 80% increase for the next two years and then that gets the mind ticking.
Say @50% $30m for 2020 and then $45m for 2021. Hmmm Getting interesting.
$45m free cashflow. Oh what to do with it. LOL
Stick with that for a couple of years and you maybe rolling in it haha.
Still trading high for my liking for now but definitely looking at this one further for any sign of being over sold.
PME Price at posting:
$13.57 Sentiment: None Disclosure: Not Held
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