BYE Chart, page-60

Based upon Stumpy's analysis then you have an annual revenue of US$60m+.
A five times multiple gives you US$300m+ = ~A$430m+ which is double the market cap at $0.23 (@ ~ A$220m)
Given what we know about BYE a 5 times multiple is ridiculously low.
An 8x multiple = US$480m+ = ~A$685m+
A 10x multiple = US$600m+ = ~A$860m+
Assuming the scenario set out in Stumpy's analysis proves to be correct (and we'll know that soon) then the stock is clearly undervalued by several multiples of the current market price.