Assume it only generates exact the same NPAT in 2H18 as 1H18, we are looking at a market cap of 117m over full year NPAT of 14.8m, indicating a PE multiple of less than 8.
If share price hits $2, PE will be around 13~14.
Question is how much of the indicated 380MW pipeline will convert to ZEN's contracts?
ZEN Price at posting:
$1.20 Sentiment: None Disclosure: Not Held
