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20.5¢ raptor resources limited

In for 6cent it was always hold until hearing from the FDA for...

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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kemery

387 Posts.

43

03/08/17

09:34

Post #: 26257773
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Originally posted by crossyaus ↑

yeah that's my problem with it as well. Applying the market average P/E of 15 to this company means they are already priced with the expectation of a stable $15 million in profit per annum and pay a dividend. A LOT of upside is already priced in. If the results aren't good enough for the FDA then this puppy goes back to a valuation of cash in the bank. That is a lot of downside risk.

But good luck to the true believers. It's possible they are right and this is the next big thing that will be worth billions of dollars. But it's time for management to deliver on their promises - let's see what happens.

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In for 6cent it was always hold until hearing from the FDA for me.

We are getting within touching distance of that moment and I'd rather be in than watching from the sidelines on this one.

RAP Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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