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
74.5¢ |
Change
0.005(0.68%) |
Mkt cap ! $822.9M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 76.5¢ | 73.5¢ | $3.650M | 4.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 109250 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 8425 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
74.3¢ |
Change
0.005 ( 0.30 %) |
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| Open | High | Low | Volume | ||
| 75.0¢ | 76.5¢ | 73.5¢ | 1053119 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| SPR (ASX) Chart |