At the current price of 15c I get a market cap of $21.3 mil. I'd expect the SKF to make a NPAT of $2.13 mil some time down the track on the business they have now to justify paying 15c. That's assuming no more capital dilution. I know it's difficult to guess these things a few years in advance but that's how I see it. What's the potential here? I think it's easily do-able if they keep growth going. Any opinions?
SKF Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
