Saturday, November 18, 2017 1:39:37 PM
$12,000,000 x 40%= $4,800,000 net earnings
$4,800,000/436,000,000 shares= .011 earnings per share
$.011 x 40 P/E= .44 share price
Add a couple cents for some more over $12 mil and should be at .50
Now the big question is can VDRM hit a buck in SP? Would take over
$25 million in earnings to do so. A $1 SP would have a cap of $436 million. Doesnt seem to be out of line in comparison to other bio's when they ran earlier in the year if they hit those earnings. O hit around $450 mil in cap then with nothing to sell. For me, O has to hit $4 to generate the same return as here for $1. $4 for them seems like a no brainer, $1 here seems doable, but less than a no brainer, because of transparency issues and that stupid court case by Keough. JMO of course.
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