Re: “I just can't justify in my mind a market cap of over $1bn.”
You’re in luck then, the market cap is not over $1b, its only $375m after todays rise.
A PE of 20 would require less than $19m NPAT.
Its getting close to the cap required for ASX300 index entry. Just need the share price to gradually rise from here to make the next adjustment in around 5 months.
