you are spot on madmax
So some very rough calcs...
Working on lower prediction of AUD$4.7mil gross for year
Say net profit of 30% (I have no idea of costs...?????)
Leaves net earnings of $1.4Mill
So equates to (based on SP of 5c):
- EPS: 0.5c
- PE: 10.6
There are 301,194,927 shares on issue (sh1tloads!) Small moves equates to big increases in the market cap
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