I have just done some rough calculations and estimate that 1mil spacers retailing at about $50AUD would give a conservative net profit (10%) of around $5mil AUD.
PE of 10 therefore market cap of $50mil.
Current market cap of $12mil.
SP range btw 8c and 10c AUD if these figures are correct and the sales are achievable, which I think they will be.
Comments?
Ps I do hold along with HGR.
VSG
visiomed group limited
I have just done some rough calculations and estimate that 1mil...
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