Like staring are Margot Robbie type salivating....
Post# of 41413
At 3b MCap that would be 60 times where we are now.... I can live with that. But we know an RS is coming so multi billion gets diluted a bit. However, if you are asking me to paint a picture of value... then it is all time line based.
I don't have the numbers to work with. I would take the estimated GL that we know will be based on 65% load and bump that closer to industry 85% load and adjust again for other cost changes. Multiply that by a growth pe of 35-50 and then come up with a base price. That will then be impacted by expansion and more profitable routes added. I think I once said .60 per share when we were at 2.5 bill s/o.
Here's the beauty of the r/s. The dollars calculated for annual income stay the same but the s/o basis change dramatically. So unadjusted I would actually expect 1$ per share by end of year 2 or 3. Too many unknowns. But reading Tutuba's tea leaves has me guessing that ramp up will me more Aggressive than previous management plans.
But this is why I have alwaysed advocated for the RS. $1 is not enough to drag in the institutions. That will impact supply and demand. Also keep in mind market cap is much different than accounting value in an annual report.