At $30ps (assuming no additional shares are issued along the way), we'd have a market cap of $6.6b, which is still peanuts compared to some of the unicorns out there that have never made a cent of profit.
For context: to have Atlassian's current market cap of US$54b (which is down c.60% from its peak), we'd be talking about a SP of $360! Obviously that isn't a valuation for us that can have any grounding in fundamentals, but that isn't the same thing as saying that it's impossible.
Chart, page-144
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Last
$4.22 |
Change
0.010(0.24%) |
Mkt cap ! $999.6M | |||
| Open | High | Low | Value | Volume |
| $4.31 | $4.37 | $4.20 | $3.035M | 710.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1660 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.26 | 2500 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| SLX (ASX) Chart |