$7 is still a great price. If you think about it in terms of buying future cash earnings - if they get to the ~30million revenue (and assuming profit ratio is 50%) - payout 80% and reinvest 20%, you're looking at a share that returns 20cents to shareholders - would be 35 years to get the $7 back for whoever buys them.
I personally think it's got much more room to grow revenue/profits/products etc - but getting $7 up front is definitely not a bad (risk adjusted) return etc
$7 is still a great price. If you think about it in terms of...
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Last
77.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.08M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 5250 | 2 |
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| Last trade - 16.12pm 08/10/2024 (20 minute delay) ? |
| ANO (ASX) Chart |
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