"Valuation implies to $20m market cap vs $9.1m currentlyWe are at the very early stages of product recognition and distributor sign-up, and as a result,framing the take-up in terms of revenue and resulting profit is a somewhat subjectiveexercise. Our sales assumptions to derive a DCF of A$0.128/share on the current share countis well below that implied for distributors to achieve minimum order requirements (MORs)and around that required to achieve the hurdles of recently issued performance rights outto FY23. Achieving MORs would see a DCF closer to $0.21/share by our estimates."
NVU Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
