I have been looking into a few "like" companies. I was simply looking at what PE ratio they had. The idea being that "when" BLG are making $ what would/could the company be valued at.
The low end of PE ratio was 17 and the high end was 34.
I used 17 for BLG and worked off the 160m revenue the company was targeting in the future.
The end result was a price target for BLG of 51c
This is just speculation and should not be considered financial advice.
BLG - General Discussion, page-2
Add BLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $69.43M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 4.0¢ | 3.6¢ | $253.1K | 6.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1200000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 140180 | 3 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
3.7¢ |
Change
0.002 ( 3.64 %) |
||||
| Open | High | Low | Volume | ||
| 3.7¢ | 3.9¢ | 3.7¢ | 1093386 | ||
| Last updated 15.50pm 26/04/2024 ? | |||||
| BLG (ASX) Chart |