EOS 1.54% $1.28 electro optic systems holdings limited

Valuation, page-45

  1. 364 Posts.
    lightbulb Created with Sketch. 5
    Based on the announcement today;

    4. Hence; $500mill over say 5 years (2019 - 2024)...that's $100Mill a year @ 12%
    Operating profit: $12Million (that's estimate)
    5. $12Mill / 62mill shares on issue = $0.193c per share...current SP @ $3.15 = 16.32 times...

    Hmmmmm....
    Is there something wrong with my idea here?
 
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