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Re: INSTATRADER post# 89844

Wednesday, 08/30/2017 7:45:18 AM

Wednesday, August 30, 2017 7:45:18 AM

Post# of 255668
So based on your post, the share price conservatively should be in the .07 range by the end of 2018?

One way to get to this number is to take annual projected revenue and multiply by expected profit margin (my guess is at least .4) and then multiply by a reasonable industry P/E of 25 and then divide that total by the shares outstanding.

As you mentioned the projected revenue is conservative, but at least we have a starting point.

I'm long ONCI and will hold for the long term!!