Posted On: 03/08/2016 8:52:05 PM
Post# of 22940
Agreed. 70% profit margin on a 3,000 bearing P.O would provide net revenues of $350,700. With a current O/S count of 2,944,402,694, and an industry average P/E ratio of 18.30 - this would put a valuation of the PPS at $.002179.
Price of the second P.O is somewhat irrelevant to me at this point - what is however, is the fact that the company acquired a second P.O in such a short time period with everything that Bill has got going on. This is going to be an interesting year.
imo
$tpac
Price of the second P.O is somewhat irrelevant to me at this point - what is however, is the fact that the company acquired a second P.O in such a short time period with everything that Bill has got going on. This is going to be an interesting year.
imo
$tpac
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