If we assume a p/e of 10 and we achieve an annual income of say A$54M and prove up a reliable income producing resource Then sp = 10 x A$54M / 540M shares = 540/540 = $1
It would appear that a sp of aroumd $1 is a distinct possibility especially if CJ's mention of dividends comes to fruition. imho of course and i stand to be corrected
- Forums
- ASX - By Stock
- G79
- only 82 days to october
only 82 days to october, page-30
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)