as happy as probably everyone else here looking at an analysis saying PLS could reach $15 per share, I have to point out some misleading assumptions used in that analysis
PE is Share Price over Earnings Per Share, FMG, BHP, RIO are trading at a PE around 6.
6 is a reasonable number, for a PE, not for a EBITDA/MC ratio in that analysis
with 1,000,000 tons production as 5,000 per ton, revenue is 5 billion, about 60% goes to the bottom line (this is from 2022 annual report numbers) earnings is 3 billion, PLS has about 3 billion shares, hence earnings per share is 1, with a share price of $15, this gives a PE of 15, I would never expect PLS to be traded at a PE of 15. letting alone anything higher.
as much as I wanted to see a share price of $15, let's not get too much ahead of ourselves,
maybe I should say i would love to see a share price of $15 per share, but not using those assumptions in that top-liked analysis
this was what I had after the BMX pre-auction result
https://hotcopper.com.au/threads/an...025488/page-120?post_id=64258576#.Y1CTAnZByUl
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Last
$2.76 |
Change
0.070(2.60%) |
Mkt cap ! $8.236B |
Open | High | Low | Value | Volume |
$2.72 | $2.76 | $2.70 | $24.91M | 9.145M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 134784 | $2.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.76 | 255570 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 110477 | 2.750 |
26 | 299186 | 2.740 |
27 | 337015 | 2.730 |
32 | 317492 | 2.720 |
21 | 241081 | 2.710 |
Price($) | Vol. | No. |
---|---|---|
2.760 | 257861 | 36 |
2.770 | 372378 | 29 |
2.780 | 263999 | 28 |
2.790 | 386596 | 33 |
2.800 | 263870 | 25 |
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