Fascinating watching the price discovery evolve. Now bid 70, offer $1.00.
Honestly I am not sure how to value the shares now. A while back I guessed they could double normalised* eps again in FY20 to about 2.5 cps (*adjusted for Covid effect).
Since then the currency has worked against them and freight costs so maybe at a wild guess, (which is all it is) normalised eps might be 2.2 cps for FY20.
What I think investors should be focused on is eps for FY23 and if the company can triple sales by then I would think earnings will also at least triple, possibly quadruple.
Really hard to value high growth companies that grow eps at a phenomenal rate. Might have to mull that over for quite a while (but will definitely not be selling) !