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CashMcMogulson

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CashMcMogulson

Re: sahd3g post# 17701

Wednesday, 07/16/2014 12:59:15 PM

Wednesday, July 16, 2014 12:59:15 PM

Post# of 21090
That's pre-dilution. I'm valuing on market cap. Not where its gone before.

This isn't going to $200/share (market cap of $4.4B). Ray is 60 years old and has 300k+ shares. Not accepting a price of $100/share would be ridiculous. That's a $2.2B valuation. I think a $50/share valuation is more likely a selling point. We don't own 100% of concession.

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