Underlying NPAT: $28m
SOI: 263.65m
10 = x / 0.1062
x = 1.062
Share price fair value = $1.06
I don't believe the share price will reach $1.06 at the end of the financial year. Probably slightly less than this due to the Heinrich asset acquisition. Statutory NPAT won't look as appealing for retail investors.
The company has suggested multiple times that FY24 will be a growth year. This means that we should surpass $1.06 in FY24. Thats a minimum 30% increase on current share price. I personally think shares at current price are still a bargain.
Ann: PNG Sales Order and FY23 Guidance Upgrade, page-3
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Last
$1.14 |
Change
-0.005(0.44%) |
Mkt cap ! $335.1M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.14 | $378.6K | 330.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3052 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 6458 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$1.14 |
Change
-0.005 ( 0.32 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.16 | $1.14 | 20993 | ||
| Last updated 15.54pm 03/06/2024 ? | |||||
| ACF (ASX) Chart |