SP - Whole Pence....17 May 2021 12:06
We will see whole pence and probably sooner than most people here think, but as to how high apart from news of TradeFlow, Captive Bank, Storm Harbour, Sharia etc all will give it a push but one intriguing factor is the determined ratio of P/E.
Some are quoting x 10 others stating the 'norm' for FinTech is x 40 and a few saying x 70. This makes a huge difference, most people's calcs has been done @ P/E40, anything above would be a bonus, although not sure how Tesla was calculated @ P/E x 1000 at one point giving it a MarCap higher than Amazon ?
A nice and steady x 40 will do me. :¬)
atb.