actually undervalued.?? - grant etc.

  1. 9,866 Posts.
    We have been told the co. invoiced 8 million for the first 6 months.

    Lets work on 16 million for the year. Assume net profit of 2 million (too high/low?)

    2,000,000/570,000,000 (shares on issue) = .0035 * 12.5 p/e (maybe) = Share price of 4.38 cents. Might be undervalued.

    are these figures any good regarding accuracy?

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.