The biz will need to reach $100m of annual earnings to justify a $2 share price (c. 15x earnings). The earnings run-rate is $50m, so it would need to double earnings from the current run-rate. I tend to believe it is more likely than unlikely over a 5-year time frame, otherwise I wouldn't own the business.
I hope Management have learned from their mistakes and won't dilute us along the way to buy inferior businesses. They have nearly 5x the share count in the last 24 months.
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Ann: Investor Presentation - Capital Raising, page-97
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Last
7.0¢ |
Change
0.005(7.69%) |
Mkt cap ! $56.00M |
Open | High | Low | Value | Volume |
6.5¢ | 7.0¢ | 6.4¢ | $26.51K | 401.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 58753 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.068 |
1 | 1025700 | 0.066 |
1 | 78209 | 0.065 |
4 | 207976 | 0.063 |
1 | 75000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 58753 | 1 |
0.072 | 183887 | 2 |
0.075 | 91029 | 2 |
0.077 | 122 | 1 |
0.078 | 38472 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
6.9¢ |
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Change
0.005 ( 6.15 %) |
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Open | High | Low | Volume | ||
6.5¢ | 6.9¢ | 6.3¢ | 31581 | ||
Last updated 15.47pm 14/06/2024 ? |
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