$2.86/share x 543M shares = $1.55B company value
Post# of 41413
Baltia has ~5.5B shares outstanding, which would equate to a buyout offer of .286/share if we consider the $1.55B valuation.
Most of us would be thrilled to get .286/share for our stock, some of us expect dollars.
What concerns me about your comments regarding Aer Lingus is that this international airline has a fleet of 47 planes, and it flies to multiple continents (77 destinations in total) and it is only being offered $1.55B for a buyout. That's extremely disappointing. But I believe the major reason for this is that, while they have $1.4B in revenue, their profit was a tiny $34M. That's a HORRIBLE profit margin.
If Baltia can achieve a profit margin of $100-200M per $1B revenue within the next 3-5 years, we'll see a sizable share price.
If Baltia can start flying passengers before oil prices start to recover (who the hell knows when that'll happen), the profit margins will be enormous. Their first quarter of revenue flights could be the single most important achievement if they can nail a big profit.
Those of us interested in making hundreds of thousands and/or millions will have to wait until those numbers are out. It's certainly likely that we'll see it this year, but when it happens it'll be a very, very rewarding Q1 report.