H2 FY15 forecast provided in Feb stated a $10Mill EBITDA. Say it remains the same, annual figure would be $20Mill.
Applying PE of 5 gives $100Mill MC = ~35c
PE of 10 gives $200Mill MC = ~70c
Ofcourse these are very simplistic calculations. Anyone care to add to this? If we plan on holding this for a while atleast need to know what SP are we hoping for.
Cheers and happy friday!