$50 sounds great depending on when that happens. This company seems to have very savvy capital allocation. It wouldn't be surprising if they can build the company into something that can smash way past that price over the next few years. Once the stock price can build up, compounding will take care of the rest. 20% of $50 is another $10/share (nearly twice the current price) and for the company to be at those levels, the businesses the company would have will have proved to be thriving (high ROC) and pushing those dollars back into new ways to make more money in new ventures (high ROI) etc. and more dividends. The cycle would be virtuous and exponential.
This is a presumption based on the roadmap from announcements.
LiS Energy shares now worth $0.50....., page-56
Add PPK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
66.0¢ |
Change
0.110(20.0%) |
Mkt cap ! $53.97M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 66.5¢ | 52.0¢ | $152.2K | 248.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2487 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 5144 | 3 |
View Market Depth
| Last trade - 15.01pm 04/07/2024 (20 minute delay) ? |
| PPK (ASX) Chart |