Current Value, page-2

A few deals have been done and a few more are in the works. Revenue hasn't really started to flow through so it's really difficult to name a price. APH sell hemp which is a completely different kettle of fish the marijuana, so whatever is going on in the US is irrelevant.

The SP really started going up off the back of the 7-11 deal and the investor presentation which highlighted the diversified streams of products APH is aiming to get into. There's 4 streams and if they can generate $5-10 million per stream within a few of years, then we're probably talking $10-20 million in profit. So, 18-36c per share in earnings. Obviously could be a lot less or a lot more... with a P/E of 20, a valuation of $3.60 might be reasonable. In the meantime, I'm happy to keep holding and hope it will continue towards $1. The March quarterly should give a good indication where this is headed.