Posted On: 08/09/2016 3:37:12 PM
Post# of 3605
Welcome Aboard!
Sounds like you have a lot of Coates experience.
The only thing I can say is nothing ever goes up in a straight line. Not everyone buys and sells at the same time. Everyone has their own plan.
Even with a large potential deal with solid financing and deposits- there is a large amount of shares outstanding in the company. 1.68 billion of which approx 683 million are floating.
So if the share structure stayed the same as of today - A price of .50 cents a share would give the company a market value of over 800 million.
$1 a share the company is worth 1.7 billion.
In my mind that is a big reach all things considered.
But could be a possibility a few years AFTER production and sales have initiated and the product has a solid place in the Engine marketplace.
Lets take baby steps first.
Sounds like you have a lot of Coates experience.
The only thing I can say is nothing ever goes up in a straight line. Not everyone buys and sells at the same time. Everyone has their own plan.
Even with a large potential deal with solid financing and deposits- there is a large amount of shares outstanding in the company. 1.68 billion of which approx 683 million are floating.
So if the share structure stayed the same as of today - A price of .50 cents a share would give the company a market value of over 800 million.
$1 a share the company is worth 1.7 billion.
In my mind that is a big reach all things considered.
But could be a possibility a few years AFTER production and sales have initiated and the product has a solid place in the Engine marketplace.
Lets take baby steps first.
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