Lets play with some mega prawn farm numbers.
Lets say that the final capacity will be 330.000.000kg prawns/year
Lest say that the profit margins will be 50%
Lets say that the final ownership will be 75% like the other JV.
Lets say that they only will produce the low priced white prawn- $15/kg.
Yearly profit: 330,000,000x0,5x0,75x15= $1,856,250,000
Lets say that we will have 130 million issued shares at that time.
Profit/share: 1,856,250,000/130,000,000= $14,28/share
Now, instead of calling me unrealistic, put in your own profit margin, ownership percentage, prawn price and then multiply it with how many mega farms you like. See what your figure will be.
Now this is probably like 10 years in to the future, but if they start a project like that, even with a few % ownership, that would be enough for me to retire in 10 years.
