Hi Bisi,
That might be a reasonable goal post - but the numbers are off.
A market cap of $467m and current shares on issue of around 116m gives you a SP of ~$4.
I also run my calcs including all options as a base case (consider also potential dilution). which gives you a SP of ~$3.
Note the SOI above is approximate only and does not reflect the true number.
In saying that - I am liking the trajectory we are on - riding the top of the bollinger. My end of year target of $1.30 might have been super conservative. I hope the rest of my numbers are too!
Hi Bisi,That might be a reasonable goal post - but the numbers...
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Last
$1.23 |
Change
-0.025(1.99%) |
Mkt cap ! $205.2M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.23 | $47.71K | 38.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4113 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 1200 | 1 |
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| Last trade - 11.05am 01/05/2024 (20 minute delay) ? |
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Last
$1.23 |
Change
-0.025 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.25 | $1.23 | 7317 | ||
| Last updated 11.42am 01/05/2024 ? | |||||
| RAC (ASX) Chart |