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
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