Smoke, Mirrors and Half Yearly, page-110

can we get back to fundamentals?

bid revenue 1.4mil (up 55% pcp)
rww revenue 1.4mil (up 7%)

so annualised revenue of 5.6mil growing at 32%pa

even if we assume the revenue is all reasonable and contracted, what sort of price to sales ratio do you think is reasonable?

Currently the diluted mc is about 120mil so the psr is 21.5.

for reference another company that I mentioned earlier is growing at over 100%pa and after recently tripling in share price still has a psr of ‘only’ 10.