decent ann and steini is right, we all knew this day was coming.
this is an annuity business with income contracted for 5-7 years, so very easy to forecast out. you can basically increase NP by ~$300k per quarter which i think is fairly conservative one these one-off costs stop.
so fast forward 4 quarters from now when we will be spitting out Net profit of around $1.2m per quarter which equates to $5m per annum, apply a 30 x multiple to that and we are at 6.6c
Ann: First Positive Operating Cash Flow Quarter, page-13
Add LPE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $1.879K | 12.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38359 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 10587 | 1 |
View Market Depth
| Last trade - 15.08pm 29/11/2024 (20 minute delay) ? |
| LPE (ASX) Chart |
