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Re: flexible7 post# 25147

Tuesday, 12/12/2017 12:08:22 PM

Tuesday, December 12, 2017 12:08:22 PM

Post# of 33030
If you take out their $44 million of ordinary expenses in 2016 and any other in ordinary expenses and lower their research and development down to a level that’s reasonable since they wont always have such a high research and development and you take that earnings per share Adjusted for these assumptions I know I did it one day and it came out to $30 based on a conservative industry PE ratio are used the lowest transaction and banking PE ratio which was around 10 I think That was when it’s PE ratio is .022 at a price of nine cents obviously there’s a lot of assumptions here but as time goes by in this isn’t even factoring in a merger just the possible opportunity
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