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Sunday, June 14, 2020 12:40:17 PM
of $1.75 - $2.25 per share
If they do in fact get the Air Force contract of $450 million in revenue.
That alone would shoot this stock to dollar land using simple market cap valuation formulas for determining the stock’s value. Even if this does go up to one billion O/S. 5x revenue calculation puts this company at over $2 billion in market cap, and divide that by one billion outstanding shares at that time.
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