SPX 14.3% 0.6¢ spenda limited

CRO short term TA, page-3

  1. 596 Posts.
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    So APT ( on Sep 4 mkt cap (undiluted for outstanding performance shares/ rights etc) is circa $24b. This is roughly 14 x 2023 broker forecast revenue of 1.6b (not TTV which some forecasts have it at we’ll over +30b in 2023 - don’t use TTV in this space due to differing fees & margins offered by platforms) if CRO can hit the $225m monthly TTV they are targeting (2.7b annualised TTV from their “existing” customer base) and the net transaction margin of the 1.45% they stated.. then that’s 40m of revenue at 14x revenue is $560m mkt cap based on APT current valuation ( which was at $80 per share when ) Discount this 75% for execution risk and slower uptake. $140m valuation. This is 8c a share. I have a token holding and I’m looking to buy more but unsure on current volatility in this space if I should wait for this noise to settle, and if these rough calcs are inline with others thinking? Cheers, good luck to current holders.
 
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Last
0.6¢
Change
-0.001(14.3%)
Mkt cap ! $25.94M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $900 149.9K

Buyers (Bids)

No. Vol. Price($)
33 19639305 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 4155224 16
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