" conservatively Co is worth circa $300m .. which is $2.54 a share .. and with higher NPAT .. well.. could easily crack several times that figure .. thats investing .. not take a buck and run..."
Well, investing is also taking into consideration how much time it might take to reach whatever pie-in-the-sky valuation one seeks to ascribe, and whether better investment alternatives currently exist.
I suspect it might take more than just a year two for the company to be valued... uh... "conservatively" at $300m.
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PYG Price at posting:
94.0¢ Sentiment: None Disclosure: Held