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Nugget, could you please specify what makes you believe that the...

  1. Jandy
    267 Posts.
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    01/03/18
    10:29
    Post #: 31441756
    Nugget, could you please specify what makes you believe that the SP will be sitting at 1 AUD by end of 2018? I believe in this company, but 1 AUD would imply over half a billion Market Cap. If we apply 20 P/E ratio to DCC, we'd need earnings of 25 million. Still some way to go from the 8 mill earnings we see now (where the 8 is at record Bitcoin highs).
    DCC Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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