QPM 2.22% 4.4¢ queensland pacific metals limited

I have just done some quick calculations based on QPME $50...

  1. 191 Posts.
    lightbulb Created with Sketch. 27
    I have just done some quick calculations based on QPME $50 million EBITA and say 2 Billion shares on issue, and come to a figure of .025 cents per share. I believe anything under a P/E ratio of 7 is very cheap.. even a P/E ratio of 4 has us at 10 cents a share. Please check my rough figures and let me know.
    I understand the Tech project is the focus..but still QPME is generating income.
 
watchlist Created with Sketch. Add QPM (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
-0.001(2.22%)
Mkt cap ! $88.55M
Open High Low Value Volume
4.5¢ 4.7¢ 4.3¢ $228.6K 5.093M

Buyers (Bids)

No. Vol. Price($)
3 159614 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 374204 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
4.4¢
  Change
-0.001 ( 3.93 %)
Open High Low Volume
4.6¢ 4.7¢ 4.4¢ 3443694
Last updated 15.59pm 03/05/2024 ?
QPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.