I dont think the issue of consolidation whether it happens or not is going to be a big issue,
now that the company is generating revenue, where will the SP end?
What do we think a reasonable P/E ratio for a gold producer would be?
72,000,000 $ profit per year
Capital as it stands 125,000,000 undiluted - 160,000,000 after option coversion.. this probably means an earning of around 0.013 cents per share - which puts the P/E around 2.5 --- looks like alot of upside for this one - me thinks
- Forums
- ASX - By Stock
- MOY
- option's info
option's info, page-10
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)