Ann: Peppermint raises $5 million, page-31

First 31 Last

Share
Profile

Follow
Albroyo

317 Posts.

44

29/11/21

14:04

Post #: 57935127
Share

Originally posted by Gameplanon: ↑

Hi Ricky,
that’s a tough one to predict.

If they can achieve anything close to the stated targets below, we should be showing a lot of growth 2 years from now.
?
We need to keep in mind that there will be approximately 572m options between now and the end of 2024. So fully diluted there would be approximately 2.5 billion shares. To hit a share price of 20 cents in 2024, the market cap would be $500m & that’s without any further dilution.
The big question is can they progress the company fast enough to justify a MC of $500m? I would like to think they can because the directors are wanting us to vote on performance shares at the AGM this month.
The second tranche of performance shares for the Kains is 5m shares each if PIL reaches break even point before June 30 2024.
The third tranche of 5m performance shares each for the Kain’s is if the company reaches $1m net income/profit before June 30 2025.

If two years from now the company are well on track to achieving the figures above, then I would say north of 20 cents per share but how much higher would depend a lot on sentiment at the time. As we all know, sentiment can drive a company to many multiple’s of it true value as we all saw at the beginning of 2021 with a lot of Fintech stocks.

The company releasing some numbers indicating quick/huge uptake in BizmoPay loans combined with a nice big spike up in revenue over the next couple of quarters could also propel us to 20 cents next year.

I’ll be ultra conservative and lock in 20 cents

Expand

North of 10c will be a good result.
EML marketcap 1.2B
CCA marketcap $40m
IOU marketcap $100m
FFG $65m
CRO $150m

So not entirely sure a market cap of $500m will happen as that would put it in line where EML was 5 yrs ago.,.. Perhaps half of that.

20c would be extraordinary, and the prime minister of the time should just reintroduce knights and damges, and knight chris.
So I'll just file under not going to happen.

PIL Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SVL

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

EMC

Everest Metals inks first resource at Mt Edon for nearly 8,000 tonnes with prices at US$1,000+/kg

The Rising Tide: How institutional adoption is shaping the future of crypto

TRE

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

There are more pages in this discussion • 63 more messages in this thread...

First 31 Last

Add PIL (ASX) to my watchlist

(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $16.97M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$810	101.3K

Buyers (Bids)

No.	Vol.	Price($)
8	6250563	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	6077025	11

View Market Depth

No.	Vol.	Price($)
8	6250563	0.008
19	11744430	0.007
22	11676992	0.006
20	15232589	0.005
8	6700000	0.004

Price($)	Vol.	No.
0.009	6077025	11
0.010	7532706	13
0.011	5400645	12
0.012	9320756	9
0.013	8500000	6

Last trade - 10.33am 21/08/2024 (20 minute delay)

PIL (ASX) Chart

Ann: Peppermint raises $5 million, page-31

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Everest Metals inks first resource at Mt Edon for nearly 8,000 tonnes with prices at US$1,000+/kg

The Rising Tide: How institutional adoption is shaping the future of crypto

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Peppermint raises $5 million, page-31

Top Stories

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Everest Metals inks first resource at Mt Edon for nearly 8,000 tonnes with prices at US$1,000+/kg

The Rising Tide: How institutional adoption is shaping the future of crypto

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News