Large aspirations.
They currently have AUD$2.4B Funds under Management and are targeting $5.0B by FY25 so a doubling in size over the next 5 years. That equates to a growth in Funds of about 15% per annum which probably isn't crazy given their geographic and case-type expansion plans.
They expect to invest $440m in FY21 so if that grows by 15+% then they would be investing around $1B per year by FY25.
If cases 65% successful (35% unsuccessful) and a ROI of up to 280% then the numbers start to look huge.
FY25 run rate : .65 by $1b by $280%, less 35% by $1B, less $100 pa fixed costs, less 30% tax = NPAT $959m.
A run rate profit which is only a little less than the current mkt cap!!!.
An excellent long term hold.
Large aspirations. They currently have AUD$2.4B Funds under...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OBL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.09 |
Change
-0.030(2.68%) |
Mkt cap ! $308.0M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.13 | $1.09 | $129.6K | 118.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 302 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 2005 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| OBL (ASX) Chart |