VET 0.00% 12.0¢ vocation limited

So would it be fair to say that with 220m shares and a projected...

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  1. 56 Posts.
    So would it be fair to say that with 220m shares and a projected earnings of 50m that the sp would be worth 22cents approx? That would be a price to earnings ratio of 1? So would that be a realistic price to earnings ratio or would you more be looking at a multiple of that?
    Also how do you evaluate such a company with regards to nta when the nature of the company has less physical things and more non tangibles like intellectual content(course content) contracts etc?
    I all ready bought some but I'm a newbe on a learning curve and these are some things I had trouble getting my head around, bit of a punt on my part really.
 
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