Giving longer term SP predications is hard without coming across as a ramp to a lot of people.
But think of it this way.... When you do the market cap/PE calc, then a fair share price is around 10c for every $5m profit. Given it is royalities, profit is fairly close to Revenue.
So, at 10c, the market is factoring a long term profit number of around $5m.
Have a look at the presentations, that talk about $100's millions... suddenly you start to look at many many multiples of 10c. Is it really that hard to see a share price well into the many dollars if/when sales start to get into full swing?
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Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $29.75M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $50.90K | 4.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2060705 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1259179 | 3 |
View Market Depth
| Last trade - 15.59pm 14/07/2025 (20 minute delay) ? |
| ADO (ASX) Chart |