So using those conservative numbers of $370M earnings per year for stage 1 and applying a PE of 8
-> $370 x 8 = 2.96 Billion - so roughly double the current share price with conservative earnings and PE.
-> Stage 2 at least doubling the earning - one would expect conservatively a doubling of that share price again = 4 x 82 cents AUD = $3.30 AUD per share based on conservative numbers with conservative PE.
SK60
So using those conservative numbers of $370M earnings per year...
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Last
$2.67 |
Change
0.310(13.1%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.77 | $2.53 | $172.5M | 64.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 295865 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 2000 | 1 |
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| PLS (ASX) Chart |