RiceBran Technologies (RIBT): The street is giving RIBT a 5 multiple r...

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Re: New World post# 7392

Thursday, 11/14/2019 1:18:14 AM

Thursday, November 14, 2019 1:18:14 AM

The street is giving RIBT a 5 multiple right now.

(1Q + 2Q + 3Q) x 5 divided by Shares Outstanding = $2.71+/-

If their $75M is correct for 2020 based on what just the new product brings then we’re looking at 10 multiple since we can assume profitability and that would put a value of minimum $22.00/share by end of 2020.

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