Share Price Calculation, page-9

I think Amazon made its first ever net profit last year.

Growth companies is all about revenue and gross profit.

It's hard to value based off those as some companies will get two times price to sales, some will get 10-20.

For instance, I think XRO is about 10 or so price to sales ratio.

To be valued at a good price to sales ratio you need disruptive tech and strong signs of growth. Both of which alexium will have.

If we use 8-10 price to sales at end of 2016 we would be expecting 180 USD or about 230 AUD market cap. Which some may well suggest is fair. If we have trailing 18.5 million USD earnings but have a run rate of 32-40 million due to growth of last quarter 2016 vs first quarter.... That's where the valuation gets interesting. You starting thing 400 million usd or 550 odd million aud.