SPX 8.33% 1.1¢ spenda limited

$7.6bn in flows from the above, let’s say an average of 1.5%...

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  1. 21,950 Posts.
    lightbulb Created with Sketch. 899
    $7.6bn in flows from the above, let’s say an average of 1.5% earned is about $114m in revenue.

    Using a P/S ratio with a multiplier of 5, the SP would be around 13.5c. In saying that, the higher the revenue (and therefore profit), the higher the multiplier is likely to be. A multiplier of 10 would see the SP at 27c.

    Totally unsubstantiated and misleading

    Dyor
 
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