Lowest sale price is now $2.70 with highest bidder now at $2.
You would have to think it’ll trade over $3 within the next month or two.
Given the recent results and the Companies comments that January was the highest month ever for revenue and EBITDA, it wouldn’t surprise me to see revenue in excess of $2.5b for the full FY. You couldn’t possibly expect 300% revenue growth to continue into the future however even at only 100% growth next year revenue of $5b+ to 30/6/22 is possible with profit of well over $250m. On that basis valuations could easily range up to $20b or say $33/share. This sounds a bit ridiculous however I guess anything is possible given the amazing growth rate they are achieving.
- Forums
- IPOs
- VGW
Lowest sale price is now $2.70 with highest bidder now at $2....
- There are more pages in this discussion • 646 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)