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05/08/19
10:06
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Originally posted by Weisman:
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Jesus guys, calm down. $20-$30 whilst life changing puts ISX at an MC of over 30 Billion... putting it near the top 10 of the ASX for market cap. Thinking like this is where people get into trouble quickly. Look back at Mach2Money's recent posts for a good realistic forward outlook. I'm not saying it isn't possible, but I would have more money betting against a 30 Billion MC by 2022... The revenue streams alone for a company that size would nearly be impossible. Looking at a "reasonable" P/E for a tech company of 45, (which IMO is far too high for a company, but that's just my personal thoughts on investing.) $30 SP, would mean roughly an EPS of 65cps, or close to $650mil in earnings. Im not saying it isnt possible, i'm just saying it's unlikely and dangerous to have these expectations.
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I couldn't agree with you more. That's why I say $5 by 2022. I would also add that the probability of $20 plus is 1% by 2022. Maybe in 2030 if all goes well.