SIE 0.00% 6.8¢ scigen limited

pe ratio & price

  1. 2,900 Posts.
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    Assuming SIE post a profit of around $1m for the Sept quarter (based on previous quarters result) and assuming that this both sustainable and will continue to grow, then applying a PE of say 10 the share price should theoretically be at least 19c (maybe as high as 27c). Am I missing something here or is the assesement of a $1m profit for the Sept quarter too optimistic?
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