Spoke to PME, who confirmed the $60m as A$. Still gives them a PER of approximately 28 using known future revenue and approximate margins of 80%. All assuming smoothed revenue which is not the case. Revenue weighted towards later years.
Assume PAC Partners (assoc with Phillips Capital) will write research note, clearly no corporate fees available.
Conference attended by funds and HNW individuals. By all accounts some excellent presentations from listed and unlisted tech companies, PME second largest presenter by mkt cap.
Perhaps some new investors about to get on board.
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