Always difficult to make a comment without knowing the underlying assumptions. They are estimating g net cash generation of circa $300m pa from 2025/26 - if it’s a sensible estimate, then SPR is on a forward circa 50% cash flow yield based on current MC.
That makes the current SP look absurdly cheap. If they assume a POG of $3,500 that implies an AIC of $1,500 - or are they assuming a higher POG as that AIC looks far too low.
If they turn out to be anywhere close to being right then SPR is in for huge upside.
POG, page-66
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Last
73.0¢ |
Change
0.020(2.82%) |
Mkt cap ! $795.3M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.0¢ | 71.0¢ | $2.511M | 3.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 84628 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 205230 | 12 |
View Market Depth
| Last trade - 14.21pm 21/05/2024 (20 minute delay) ? |
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Last
72.5¢ |
Change
0.020 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| 72.0¢ | 73.0¢ | 71.0¢ | 746853 | ||
| Last updated 14.44pm 21/05/2024 ? | |||||
| SPR (ASX) Chart |