If the company hits just a third of its target revenue, ie $100m, do you think its PAT is going to be just $10m???
It will hit 4c easily, not only on current year earnings multiples, but because the market also values stocks on their future earnings potential of services income, as well as growth through acquisitions, discoveries etc, just as it did MinRes.
What if it actually hit is $300m target? You are looking at 10c plus no problem.
How did MinRes grow from a peanut, and who was on the team that made it grow?
If the stock got to 4-5c I am sure investors would be delighted, including Mr Paramount.
Now let’s take a look at your share price projection for Macro of 0.5c. You are suggesting the company makes what, $2-3m?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)