PHI Group Inc (PHIL)

[northernwind2021]

I found this...

"The stock is undervalued and a good buy at the current market price. ... A buyback will increase share prices. Stocks trade in part based upon supply and demand and a reduction in the number of outstanding shares often precipitates a price increase."


So if PHIL can retire possibly 20 billion shares, that would leave approx 6 billion shares, which is about 4.3 x less shares. So the pps would increase by 4.3X = 0.03526 when the shares are retired, if they were basing it off of today's pps of .0082.

BUT I'm sure as we get closer to being current the pps could easily be 2 cents by then or more. So multiply that pps x 4.3 if PHIL gets down to 6 OS after the shares are retired.

This is jmo. I think it's accurate enough.