simple maths, page-4

Ok let's do some more calculations to see what potential we have here.

I rang and spoke to the company yesterday to get some more figures.

The sale of Tipton West Project only catered for approx 11 million in revenue per year.

The half yearly report stated that BPT had made a NPAT of 127 million. Then we can deduct 11 million for the sale of Tipton West.

Now that equates to a NPAT figure of 230 million for this year!!!!

230 million x P/E of 15 = 3.5 billion(market cap)

Current market cap = 800 million

To get to the taget price it would have go to around the $4 mark.

Not bad hey!

Investing in BPT at these prices is a steal!

:)