$66 million for Vmoto?
Hmm, what earnings growth do we need to justify that?
Let's just imagine that the market is happy to put Vmoto on PE 30 for FY 2014. That means the company will need to earn $2.2 million.
Currently they are making an unaudited $200,000 a month, so that seems possible.
On the other hand, that is already priced in.
making new highs, page-65
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Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 357176 | 3 |
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