re: Ann: Financing Documentation Finalised fo...
if a company nets 20 mil profit per annum, based on a P/E ratio of 5.0, which is very conservative, evg should have a market cap of 100 mil minimum, which is about 4 times the current market cap, so we'd be looking at 28c a share. with a p/e of 10 wed be looking at 56c a share and that ain't unrealistic. plus dividends almost equal to to the current share price! good times ahead fellas. only 9 months to go!
EVG Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held