If it's a 25-for-1 split today, that's .125/share,
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Posted On: 04/15/2017 1:27:03 PM
If it's a 25-for-1 split today, that's .125/share, and right now the market cap is only $50M, and there's absolutely potential to grow just over 10x current value.
$1.50 post-split during the first year revenue flights, assuming 25-1 ratio, is probably on the far low end of what Delta would project based on the startup aspect, lack of significant debt and historical costs, share structure, and business model.
$1.50 post-split during the first year revenue flights, assuming 25-1 ratio, is probably on the far low end of what Delta would project based on the startup aspect, lack of significant debt and historical costs, share structure, and business model.
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