I think given the companies ELS is associated with and the potential blue sky on offer they could easily end up on a pe of 50 and most likely a minimum of 25. I think the Hikvision deal could put them in the dollars on its own and when I spoke to a member of the company they felt the market hadn't yet fully realised what this contract meant for them. See what further information they come out with I guess. I think a 5 million net profit would see a share price of $2 and it might not even take that. IMO. DYOR.
ELS Chart, page-20
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Last
47.5¢ |
Change
0.025(5.56%) |
Mkt cap ! $71.13M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 47.5¢ | 45.0¢ | $28.82K | 62.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 9670 | 2 |
View Market Depth
| Last trade - 15.27pm 18/09/2024 (20 minute delay) ? |
| ELS (ASX) Chart |