OrgoneAccumulator,
You stated earlier that you had a price target of 40cents for this one.
The majority of people who read that will not give your target much of a thought as it is beyond the realms of the average punters reasoning.
I believe your target is more than achievable.
Working backwards:
* A price of $0.40 gives ADO diluted market Cap of approximately $360million
* If this figure represented lets say 5 times earnings then the Company would be generating EBITA of approximately $72million per annum
Can it be done:
* The Company has stated in a presentation that within 5 years it could be targeting the generation of an annual royalty stream of between $140-$390million
Royalty Revnue is a great thing - overheads are the only cost. So I think your target of 40cents based on fundamentals and information to date are more than justified.
If ADO can start to get some revenue through the door, I think the share price will appreciate quite quickly.
IMO
DYOR
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.36M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $33.18K | 1.658M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2717347 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 723484 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2717347 | 0.020 |
9 | 3029136 | 0.019 |
8 | 1708888 | 0.018 |
8 | 1211559 | 0.017 |
5 | 963250 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 723484 | 6 |
0.022 | 442896 | 6 |
0.023 | 979953 | 9 |
0.024 | 1279435 | 5 |
0.025 | 2195344 | 5 |
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