InvestorsHub Logo
Followers 25
Posts 4778
Boards Moderated 0
Alias Born 01/05/2006

Re: OB_WEALTH_INC post# 7303

Saturday, 02/20/2016 6:59:11 PM

Saturday, February 20, 2016 6:59:11 PM

Post# of 36208
If SUNE were to hit .50 it's market cap or value of the company by stock standards would be only $130 million dollars. By comparison see these figures:

SUNE had cash of $2.4 billion end of 3Q. Even if we reduced that by 300% that would still be $800 million

SUNEs assets for same period were $20 billion. If we were to cut that in half, still $10 billion

Essentially what this means is that it is practically impossible for this company to ever be at .50 because their valuation would be so out of whack. Given that the Long Tern debt is 50% of their total debt makes it even more improbable. I'd even argue that the current market cap of $388 million makes little sense. The market cap should be double what it is now and trading near $2.50 at least. Your ludicrous statements sound like something from a OTC penny stock board.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.