Firmly in the multi-bagger theme - Apple is currently market cap 2.6T USD. Share price 169 (down from 52week high 199). Notably P/E ratio 26.
The point here is that 'the market' can and does pay more per share than you would think is rational to do.
So - could a company that owns and produces the cure for most cancers get to a 800B USD valuation? At P/E of 26 they would need profit of a tick over 30B per annum. How big is the market for cancer treatment/cures....?
I know there are many many steps along the way - just throwing some more pump on the fire.
Firmly in the multi-bagger theme - Apple is currently market cap...
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Last
6.7¢ |
Change
-0.002(2.90%) |
Mkt cap ! $490.4M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.1¢ | 6.7¢ | $1.445M | 21.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 2363454 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 14705 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
-0.002 ( 1.59 %) |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.1¢ | 6.7¢ | 9797879 | ||
| Last updated 16.01pm 22/05/2024 ? | |||||
| IMU (ASX) Chart |