AB1 abarta resources limited

Afterpay was valued at 42 times sales - See belowIf we consider...

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    Afterpay was valued at 42 times sales - See below
    If we consider a comparison is valid then that puts AB1 at - 167m * 42 = 7.01 Billion - SP AUD5.00 plus
    I see AB1 as having more potential than afterpay with sales growth on a steeper curve.

    From zero to A$39b in shareholder value in just seven years is an extraordinary feat and demonstrates Molnar and Eisen's good timing in tapping into an emerging consumer trend, pairing it up with marketing and a user experience targeting millennials. It's an extraordinary price. Afterpay has never made a profit and never paid a dividend. The deal is pitched at 42 times current sales – a record sale price for a top 20 Australian company.
 
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