Good. Actually great. Number one, it gives term
Post# of 7805
The terminal point will have to be amortorized with Sales, Gross Profits Taken into account over many years. 7 in the least. Also to be considered is market expansion. NEVER USE NET PROFITS, THEY ARE TOO NEBULOUS.
Andy Whelan told JGD, years back, BIEL was worth $300 million. I believe we are worth 10x that now.
$2.5 billion divided by total diluted shares. The total could be an encumbrance (ie the notes) the new owner will dispose of directly. No dilution would be necessary.
If no dilution is necessary then $2.5 billion ÷ 24 billion shares is roughly ten cents a share.
I believe the buy out price can be greatly enhanced by establishing wide distribution and usage. Vis a vis time.
Multiple suitors could fuel the demand and price for BIEL.