BIO 2.17% 67.5¢ biome australia limited

off topic question, could someone please help me understand the...

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  1. 34 Posts.
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    off topic question, could someone please help me understand the valuation, say the company generates a 1m profit next year, putting the pe at 150 based on todays market cap. Is this correct ? am I missing something? happy holder here just trying to understand
 
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