I'm not certain, but I believe he was speaking of
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Posted On: 01/19/2018 1:39:38 PM
Re: truebeliever #11868
I'm not certain, but I believe he was speaking of their market cap, not the share price. They had roughly a $3 billion market cap which for OWCP equates to a roughly $21 share price. I would certainly be fine with that.
As for where the company goes long term, it will all be about revenue in a few years from now. A company like this can certainly justify a P/E of 30, when we reach the point that we're bringing in hundreds of millions to billions annually, you can see the possibilities.
Gary
As for where the company goes long term, it will all be about revenue in a few years from now. A company like this can certainly justify a P/E of 30, when we reach the point that we're bringing in hundreds of millions to billions annually, you can see the possibilities.
Gary
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