Thursday, August 16, 2018 6:23:48 PM
Yup all about market cap. Right now it's about 3 million. If the 4 million is real financing and I don't think Rik is dumb enough to PR it if it wasn't than this is worth a whole heck lot more than 3 million.
Also like a P/E ratio, the lower the number, the better. Currently, the average Price to Cash Flow (P/CF) for the stocks in the S&P 500 is 14.05. But just like the P/E ratio, a value of less than 15 to 20 is generally considered good.
So if we have 4 million in the bank....this stock is going to be worth a lot more money. .0007 x 14X = .0098.
Also like a P/E ratio, the lower the number, the better. Currently, the average Price to Cash Flow (P/CF) for the stocks in the S&P 500 is 14.05. But just like the P/E ratio, a value of less than 15 to 20 is generally considered good.
So if we have 4 million in the bank....this stock is going to be worth a lot more money. .0007 x 14X = .0098.
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