AGM
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0.00% $1.60 australian governance & ethical index fund

At 20K, they'll get 75% of the spot price = 15K. That would...

  1. melua
    14,880 Posts.
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    21/11/07
    20:46
    Post #: 3030493
    At 20K, they'll get 75% of the spot price = 15K. That would equate to around 40 million net profit = EPS of 5c.
    P/E of 8 puts them at 40c. OUCH!
    As I said, management would be happy. The project would be a goer and profitable. They would draw big salaries and investors who paid current prices will be in the red.
    AGM Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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