Just take a 10x Revenue multiple on trailing sales
Post# of 2716
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Posted On: 09/25/2018 10:58:35 AM
Just take a 10x Revenue multiple on trailing sales of 4mil = $40mil valuation. Or, take a 10x multiple on next year's sales (just my little conservative projection, everything else constant) of 6mil = $60mil valuation. Divide that by 221mil shares outstanding and that's a share price range of $0.18-$0.27. Now add is some growth from another acquisition, and we could see $0.50.
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