TSXV:GDNP.H - Post by User
Comment by
PlasticOnoon Mar 12, 2024 10:19am
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Post# 35928290
RE:Bioplastic, Biopolymer Market to Reach $98 Billion by 2034
RE:Bioplastic, Biopolymer Market to Reach $98 Billion by 2034A $100b market 10 years from now. Assuming they get their act together managing debt, profitability, liquidity and they are still around not being bought or bankrupt and shreswapper could convince Munford not to sell and being able to catch 1% of that market in ten years.
Playing with numbers:
$1 billion revenue and assuming15% net profit. Let's guess they double the amount of shares to 600million until
150m/600 = .25 profit per share x P/E18 = $ 4.50 shareprice. A good reason to wait and see how things turn out.