Monday, June 06, 2011 2:11:54 AM
50 cents a share would mean that BOINGO values ICOA's buyout price at around 700 million dollars.
Now, that's based upon the numbers I came up with in my post #29630, where I calculated a very conservative current O/S number of 1,412,363,273 shares. And, 1.4 billion shares times .50 dollars per share equals around 700 million dollars.
Whoa !!! That's almost 10 times the amount BOINGO was looking to raise in it's recent IPO. So, I'm thinking 50 cents per share is more of a dream than a prediction.
However, IMO, 1 to 2 cents per share might not be all that far off.
But, that's, also, just my opinion. So, while I watch and wait, I'm . . .
"Keepin' Da Faith"
-= =-
plmcc
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM