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Progressive Care Inc. RXMD
Posted On: 02/14/2016 6:43:42 PM
Post# of 1525
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Posted By: times2times2
Even under very conservative estimates the market cap of a pharmacy (compare to various bigger chains and local business)is easily 3 times the annual revenue. So with some ~340M shares O/S and ~45M annual revenue now, the fair market value is 13 cents/share. That is extremely conservative and does not take the 340B revs and expansions etc into consideration. PPS could be easily between 0.2 and 0.5 in a year from now, not taking a possible buying hype (pps of 80 cents) into consideration. The pps will totally not be one cent lower in a year than 20cents/share IMO













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