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Re: Louislasvegas post# 12641

Tuesday, 11/05/2019 7:33:58 PM

Tuesday, November 05, 2019 7:33:58 PM

Post# of 15920
You make a lot of assumptions.

How about these assumptions, as long as we like to speculate:
United Energy has hundreds of millions in assets and hundreds of millions of annual revenue. Their market cap rates around 2-3B as a mid-cap enterprise.

IF they had 76M OS shares, that's still a $26 to $39 pps. But what IF they released every single one of the 425M to the float, that's still a $4.70 to $7.05 pps. Oh...the dilution. lol

The making up stuff is fun. :)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y