P10 Industries Inc. (PX)

[bob4uall]

Your "just for fun" adds up to $120,650,000 (if you leave out the line of credit, since draws on that would be debt).

Let's see, if there are still 23,300,000 shares out there, that would be about $5.18 per share.

Do you think that is high?

The market isn't saying anything about that yet, because there is not yet a free market in the stock. But if the 45-cent trade (high today so far) is an indication of what someone knows, that price indicates about a $10,000,000 company in shareholder equity is to come someday. Just for fun, of course, because stocks are not traded at book value very often.

The 21.5 cent option implies a book vale of very close to $5,000,000. It's so close that perhaps that is how someone arrived at the number 21.5.

All of this is assuming 23,300,000 shares or so.

Time will tell about how much fun is to be had. My fun begins at around 70 cents from back in ACPW days.