I am trying to be as honest as possible here alright. Take...

I am trying to be as honest as possible here alright. Take however you like. Have you ever tried to do a fundamental analysis on SPT?

Let me break it down for you and please correct me if I am wrong in a way. I try to be as close as possible with my figures.

For the FY20, SPT total revenues is USD $8.4M
- Current USD/AUD exchange is 1.32
- I will be generous and round the total revenue to $9M USD so that would give us AUD $11,880,000 in revenues.
- We all know that SPT doesnt make profits at the moment. But let us just assume that we do and the net profit is 10% (highly unlikely. You can compare it with HUM which makes less than 5% net profit). So we will have a net profit of $1.188M.
- SPT has about 462M shares on issue. That would give us EPS = 0.00257

Now average PE for ASX is around 15-20.
SPT is a growth company, hence we should expect a higher PE.

- At PE 30, share price is $0.077
- At PE 40, share price is $0.1028
- At PE 50, share price is $0.1285
- At PE 60, share price is $0.1542
- At PE 70, share price is $0.18

So at current share price of 57.5 cents, our PE is 223

What do you take on that?
What on earth do we deserve this PE when our revenues have been flat for 4 consecutive quarter? A jump from $2.4 to $2.7 in a quarter is hardly an outstanding growth to be honest.

Please enlight me but speculating with out any hard evidence or analysis to support is nothing but upramping.

Thank you