Well assuming they can tie up 50 signs by June next year after...

  1. 41 Posts.
    Well assuming they can tie up 50 signs by June next year after tax earning will be approximately $12million.

    Thats equivalent to approx. 0.12cps

    Applying a P/E multiple of just 10x the company would be worth close to $1.20 per share.

    Work the P/Es more at 20x its worth $2.40.

    If the good work done by management is continued there is no reason why a P/E of 20 can not be achieved.
 
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