Lord Global Corp (LRDG)

[Investorr]

Why will it be $50?

Because of simple math:

They just signed a $5 million starter contract for Covid Spray in which they will profit $4 million and there’s probably plenty more contracts to come.

Let’s say they earn $20 million minimum over the next 3 months on Covid spray distribution.

Outstanding shares are only 1.7 million.

$20 million profit divided by 1.7 million shares is $11 in earnings.

What do you think a stock earning $11 per share should be worth?