ASPI rise will not continue in a straight line, considering they have not manufactured or delivered product. I think they have and will continue to have big pumps via FOMO & HYPE and then big corrective falls.
Having said that I do believe a 8 Bill and higher MCap will be reached by this company…not a stretch. Even without Renergen acquisition.
8bil mcap for the new combined entity after acquisition would value your current rlt shares at ~ $13.53Aud.
If you think there will be future dilution via CR or other new shares, subtract from this as you like.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)