When looking at a future SP it's best to do a range from sub-optimal to optimal parameters. While things have changed a lot from the NPV's a lot of us were doing in the early days there is still a lot of potential.
Lets just do something ridiculous:
Profit $5K p/t @ 10K tpa = $50M pa
2B shares on issue
= 0.025c per share pa
ROI sought 6% grossed up
Share Price 0.025 / 0.06 = 42c
5-6 bags for most.
Hopefully the real world parameters in a full blown bull macro are better than that.
Personally my updated target is in the 80c - $1 range.
IMHO DYOR
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