In todays AFR it mentions that Photon group will be looking to float off their internet services company on a PE of 20 (normal PE for this type of company) and of which has a 10% p.a. growth rate.
Based on that your looking at a sp of over $4 for NBS.
That sounds farcical from where it is now, however, on Thursday if the numbers come in as expected and the all important growth outlook is positive I am very confident we will see $1 plus very shortly.
In todays AFR it mentions that Photon group will be looking to...
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