True, based on current earnings that would support a market cap of appprox $40m. However, higher p/e's can be justified when there is higher earnings growth. p/e of 10 should mean eps growth of 10% y-o-y, p/e of 20 means 20% eps growth etc. That's why we see some very big falls when high growth stocks dont meet market forecasts. Was Peter Lynch who suggested that metric.
fy results, page-3
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Last
$1.25 |
Change
0.000(0.00%) |
Mkt cap ! $1.593B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2893 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 7083 | 1 |
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