Around 1 billion shares on issue post $3 million raise assuming at 1c
At current price of 1.1c, leaves market cap at $11 million
meaning EV = $8 million
With newsflow and further possible contracts to come, I can see epat valued at $50 million in the medium term.
That would be 5c pre consolidation.
Buy interest is very minimal at the moment, but sentiments turn and it's always wise to be first when it happens
5 bagger medium term
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