Thursday, September 29, 2016 12:57:15 PM
Here you go:
31.12.2016 = .50
31.12.2017 = 1.00
31.12.2018 = 2.00
31.12.2019 = 3.50
31.12.2020 = 5.00
The above EDE SP forecasts are based entirely on the sales figures outlined in the EDE “Investor Presentation” that was announced on September 1st. The P/E ratio I have used is 15, which is realistic in this industry sector. The US$/AUD exchange rate is set at 1.3000, which is of course subject to daily fluctuations.
These SP figures do not include any sales from EdenPlast, which are quite likely to arise in 12 to 24 months time.
These figures also do not take into account the effect of a takeover or investment by a major private or corporate investor.
As always, everything in this post is my own personal opinion and I urge everybody to do their own research.
Best regards!
MB
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM