"regional competitor Synlait made a 28 million dollar gross profit (14 million for the half year) on Lactoferrin alone."
Freedom make the same amount of Lactoferrin as Synlait.
So using your PE of 15, gives the Lactoferrin business a value of $420m (assuming they pay no tax).
Lets also assume they stop selling UHT milk at a loss. At least breakeven.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.86M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $5.424K | 47.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27784 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 15000 | 2 |
View Market Depth
| Last trade - 11.38am 04/07/2025 (20 minute delay) ? |
| NOU (ASX) Chart |