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logytwo

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logytwo

Re: TheFINEST post# 501

Thursday, 03/14/2019 12:13:47 PM

Thursday, March 14, 2019 12:13:47 PM

Post# of 684
Looking at financials, I think the burn rate is about 3.6 mm per year, add 400k for this and that and we're at 4mm. 8 - 4 = 4, $4mm / 152mm shares = 2.7 cents. 2.7 X 20PE (conservative) and I think we should be trading at .54. Lots out there trading at a PE of 50.
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  • 1D
  • 1M
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