Wednesday, September 06, 2017 1:37:57 PM
4.7M shares = $3.2M in revenue
7.0M shares = $25M in revenue
All while creating no debt, no toxic debt, providing a dividend and keeping their own shares locked up for 3+ years.
If 2.3M share is going to increase revenue by $21.8M, that's about $9.50 in revenue per share.
On a forward looking P/S that would be $7.14 per share.
On a forward looking P/E at a 15 multiple, that would be $21.43 per share.
THAT'S how it works. UF
Do your own DD. My opinion only.
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