Friday, October 02, 2020 9:04:16 PM
$20 million in revenue.
Annualized at, say, $120 million allowing for growth and new products.
$10/share would give a P/S of 83 which is astronomical. (P/S for Tesla is less than 8)
P/S of 4 would give a stock price of $0.48.
$1 seems a long way off now.
Annualized at, say, $120 million allowing for growth and new products.
$10/share would give a P/S of 83 which is astronomical. (P/S for Tesla is less than 8)
P/S of 4 would give a stock price of $0.48.
$1 seems a long way off now.
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