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Wednesday, August 06, 2014 5:19:50 PM
O/S 800M Float 300M
They make say 20M in revs with 15% profit margin
3M net income/800M = .00375 x 50PE = .18
3M net income/300M = .01 x 25PE = .25
If we hit even .10 that is a 32x from these levels. Meaning a measly 1k will net you 32k. I hold 3M shares so I will gladly take $300k. If it hit .20 hot damn.
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