Monday, August 16, 2021 5:04:33 PM
If they simply continue to do what they have done over the past 2 Qs, for the next 2 Qs, they will report a net profit of about $2.6M over the 12 trailing months. With a market cap of just over $5M that is a PE OF 2 !
And it has to triple from current prices just to get to tangible book value. Let me put it this way...if they ceased operations, melted the company down and sold it for the sum of the parts we would all get about 33 cents per share.
If fundamentals ever mattered in the OTC and if TREP gets discovered this will EXPLODE !
I'm buying more in the morning.
Willie
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