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Re: Clarendon post# 122

Monday, 01/16/2017 4:13:09 PM

Monday, January 16, 2017 4:13:09 PM

Post# of 399
I wouldn't be surprised if the market doesn't even notice.

The price pressure should be upward. The revenues look like they are going to stabilize at $10M per year (Canadian), which equates to $7.5M USD. At a 1-to-1 P/S ratio, that's a market cap of $7.5M (versus $5M currently).

They pulled in $5.55M from the sale, and will net $5M (Canadian).

Quick read seems positive to me. But the morons did release on a closed market day, too.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y