Being very conservative, let's have look at future earnings to justify certain sp levels by ignoring the IP value and cash on hand.
Average PE ratio on the ASX for an established but not growing comp is 10, growing slowly 15-20 and emerging / fast growing 30+.
Let's just work with 1.8b shares.
at 10c and PE 10 = MC of 180m, means 18m in annual profits needed
PE 20 means 9m profits needed
PE 30 means 6m profits needed
Just on PE 30 and realistic profits outlook alone, 10c should be justified soon once royalties flow in. 200k devices at $ 30 royalties or 2m devices at $3 royalties per device.
- Forums
- ASX - By Stock
- WFL
- Next 12 months expectations
WFL
wellfully limited
Add to My Watchlist
0.00%
!
0.3¢

Next 12 months expectations, page-7
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online