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Elite Pharmaceuticals Inc ELTP
(Total Views: 1028)
Posted On: 12/01/2019 1:12:09 PM
Post# of 2146
Posted By: BielyMonster
Re: BielyMonster #2102
$40-Million Profit, PE 20, Equals $.96 Stock Price

$40 Profit Million Divided By 832 Million Shares Outstanding Equals $.048 Per Share

$.048 X PE 20

PE 20 = $.96

PE 30 = $1.44

High Growth Companies Are Rewarded With Higher PE's

Now SunGen 5 Doubles Those PE Stock Price Numbers.

Therefore Dilution Still Leaves ELTP Stockholders With Massive Shares Price Increases

and The Capital For Growth For Years To Come!!

Keep In Mind Any Dilution is NOT Doled Out Instantly But Over Several Years.

ELTP!!

FDA

Serve Up The Monster!! $1.6 Billion!!













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