well, the US pumper reckons this, and likes of Voncee loves it...

  1. 35,472 Posts.
    lightbulb Created with Sketch. 2863
    well, the US pumper reckons this, and likes of Voncee loves it too, so re-posted

    I'll call it the NIPER (No idea price earnings ratio)

    Its really easy, a simpleton could come up with ittongue.png
    so you take total revenue, and you x it by a PER of 10-12x to get a market cap valuation.

    In this case, that would be 5.5-6.5cps allowing for some options (waaayyyyy in the money options btw)

    If that doesn't make you laugh, i can't help you sorrybiggrin.png
    Last edited by Sector: 06/09/21
 
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