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Rebound, page-92

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    You have worked out a potential NPV of your sales estimates haven't you? You have done a discounted cash flow model.

    Just like saying a drug could make X amount over the years IF it gets through trials, approved by FDA etc etc.

    What I am trying to say is that your 48c is a price target IF they can sell those amounts you have in your timeline. At the moment no one thinks they can, they are waiting for proof ....

    I also think you multiples (5x , 10x) relate the PE ratio. This ratio is price to earnings (annual profit). What mulitple you use is dependent on the company's growth profile.

    Happy to be corrected here.
    Last edited by Resurgam: 19/01/18
 
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