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Re: paideia post# 8178

Friday, 08/30/2019 4:30:56 PM

Friday, August 30, 2019 4:30:56 PM

Post# of 8795
Depends. If PIOE was fairly priced when revenues were $33M, I would say an increase of $11M/$33M or 33% would make it fairly priced with revenues of $44M as well.

So PIOE share price varied between $1.10 and $1.15 (approximately) after 2018 earnings were reported at the end of April. The question then is, was PIOE fairly priced at $1.10 to $1.15? I don't have the answer to that. Sorry.
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