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04/05/16
12:32
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Thats not how it works.
Assuming your numbers are correct, this company would have a multiple of 10-15 times, higher if growth number are greater.
So for $35m market cap at 10 times they need to make $3.5m at 15 times they need to make $2.3m
Yesterdays announcement discusses 10,000 per week going to 50,000 per week.
so 500,000 units at even AUD$50 is $25m times 10 is $250m times 15 is $375m market cap. If they can sell 50,000 per week times that by 5.
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