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Re: None

Friday, 08/08/2014 2:34:59 PM

Friday, August 08, 2014 2:34:59 PM

Post# of 102
So if the O/S is about 3.7M and the contract is for 180M, why isnt this trading at $48/share (book value of contract). Even if it is only 50% profit margin, that still leaves this at $24; not even discussing the P/E ratio yet. Something doesnt add up here. Can anyone shed light on the holdup here?

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