RE: 1 year sp?4 Sep 2020 13:44
Here is what you need to know for forecasting sp.
Syme gets 2% on every transaction.
If the book shows 4 billions worth of transactions, Syme gets 80m. Given costs and risk, syme sp should reflect 400m mcap or 1.5p.
It is about forecasting revenue. Syme just started its expanssion. Some go even to 60p a share within one year. So far there is no competition and businesses are looking for such a service.