WFL 0.00% 0.3¢ wellfully limited

I'm really starting to think that the market won't be re-rating...

  1. 5,696 Posts.
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    I'm really starting to think that the market won't be re-rating OBJ. They're looking at us as a revenue earning company now so our valuation is based on a setor P/E and our 12 months perceived earnings.
    ie. for us to maintain a sp of 8.6 cents we need to be earning $10M per year at a sector P/E ratio of 15.36. I reckon the market has already factored in $10M of earnings.
 
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