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Wednesday, November 15, 2017 10:53:42 PM
I was expecting earnings in about that range as the Sage contract was consumated sometime in May which meant it was in force only 2/3 of Q2 which had about $1.1M in earnings.
PGAS seems almost too good to be true but as I do my own DD I come to the conclusion that it is just vastly undervalued. We could be looking at an annualized run rate of about 5-6 cents and with a minimal P/E of 10 that would put us at a share price of $.50-$.60.
(BYW I added strongly at this $.04 level after the NT-10Q) IMHO
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