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07/08/21
14:44
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Originally posted by anotheraussie:
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Thank you Mom88. I knew either you or frontline would help me out . So based on having approx 1.3 billion shares on issue with a forecast revenue for 2021 of $150,000,000 and using an EBIT of 20 X means that AB1's share price presently should be around $2.30 Following on from this then AB1's current Market Cap is $3 billion dollars right now! In my 40 + years of investing I would realistically expect "a first in market new age stock" like AB1 to trade at an EBIT of around 50 X meaning that AB1's share price could be around $5.75 if we were Listed right now! This would then translate to AB1 having Market Cap of $7,475,000,000! (thought I would put all the naughts in lol) Primary Market $1.50 is still very cheap imo. I stand to be corrected if any one else wants to check my calculations. (I Have re-posted this on the "Animoca Unicorn raise Investor Deck" thread as well for those not interested in this thread.)
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Yeah I dare say if they put out an actual realised revenue of 150m+ 2021 then the fair value is north of $3