sorry about that basically as i see it after some research net profit projected this year to be 1.5million fully diluted around 204,000,000 million shares on issue
EPS - 0.0073 P/E of 10 would assume a share price of 0.07c
with mergers - Carey & Arccon 3.8 million profit projected from Arccon 1.1 million profit projected from Carey Fully diluted around 280,000,000million shares on issue merged entity to generate 6.4million projected profit
therefore 6.4million / 280,000,000 EPS - 0.022 P/E of 10 would assume a share price of 0.22cents
current price would suggest that it is fully valued but that does not take into account the benefits of cross selling between the groups and growth in future years but for the short term im not in all the best to long term holders
Please Do Your Own Research!!!!!
AZG Price at posting:
22.5¢ Sentiment: Sell Disclosure: Not Held