Good evening team JAT
I confess i made slight calc error; you will be happy i did.
Now amended:
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Peer comparisons:
Company names, Market Cap/Turnover ($m)=Ratio
Bellamy , 2198/240 = 9.15
A2M , 8498/523 = 16.2
Wattle , $215m/0.9 = 238
Bub , $286m/3.9 = 73.3
(Bear in mnd, many have commented that GK is in more advanced atge that Wattle and/or Bub)
...
What about JAT?
Lets add
i) $100m
ii)Average of Wattle & Bub
= ($215m+$286m)/2
= $250M
Total MCap
=$350m (100m+250m)
Shares on issue
= 455m to 500m
Share price:
350/455 to 350/500
$0.70 to $0.77
(excluding future business from, another 49% of GK, iii & iv)
We have a high chance to march on, from 25c to 60c, in the very short term
Aimo. Dyor. Gltah,
Cheers
G
PS,
I held A2m for too short a time, and can see Jat (*GK/ione/Mr.Li/CiiE/Kaola/JD.com/SDK )
emulating A2m, if given time.
Steady as she goes.
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