Hi Ken,
Obviously a few things need to happen, and it will not happen next week (although that would be nice).
MHM would need to be in a fast revenue climb and projected Profits would have to be around the $100m pa mark.... (to earn it a high PE of 20-25)...
We would need to increase profits by about a factor of 10, and this may or may not be provided by 2 US Plants.
Either way, I can't put a timeframe on the re-rate, as re-rates can happen in funny ways. Look at LYC for example, their cap is over $2.2 Billion (Eqv of MHM at $20 a share), and they are not making a single dollar profit yet....
The market might be happy to re-rate 2 years out, or might want to wait under the $$$$ hit the bank account.
massive upside in the nmp technology, page-24
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Last
47.5¢ |
Change
0.040(9.20%) |
Mkt cap ! $200.4M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 48.0¢ | 44.5¢ | $540.3K | 1.158M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 2899 | 1 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| VYS (ASX) Chart |