Because ZEO has multiple potential revenue streams it makes nailing down company valuation model challenging.
ASX listed companies don't also play by the rules of traditional private businesses.
End of the day though, if the company is spitting out annualized profits of $100-150 mil... even at a low valuation of say 4x profit.. the market cap should be between $400-600mill... which is alot higher compared to the current market cap of $50mil
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