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dangerousbeans

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dangerousbeans

Re: jeffny01 post# 38373

Thursday, 12/01/2016 6:52:58 PM

Thursday, December 01, 2016 6:52:58 PM

Post# of 108592
The only thing we have for valuation is P/S ratio

If we assume 60M revenues and assuming PS ratio of around 6x which I consider fairly conservative for the industry, I'm getting a price of around 0.156

But it doesn't take into account the growth potential of the Company. Will be very interested to see the figures released later.

I'm only in for 500k shares but I think I'd be looking to add at anything below 0.05 tomorrow for sure.
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