RE: Potential.9 Apr 2026 18:40
I did some very rough math using some numbers from the presentation. $20bn market, assumed no growth, IIRC SB wanted 10% of the market initially?
Margin of 12% and a p/e of 12x, Empire get 70% so pretty well bang on £1bn or £1.50 ish.
Very rough, but shows that 30p is probably a decent entry point.