Trans Global Group Inc (TGGI)

[w6w9t8015]

biren on stocktwits perspective

good morning everyone, hope you are all are having a great weekend. i have had people ask me, what sort of price target are we looking at once the super 8k comes out
the answer to that is not too complicated really
the key 2 data points we need to know are enterprise value (assets, cash reserves, earnings, profits, revenues, etc) and outstanding shares
not withstanding any hype and fomo that might be attached to it, and dont get me wrong, it might be attached and take the price higher
but the basic calculation
is we take the enterprise value and we divide that by the outstanding shares in the new company, and that gives you the new price per share
so for example, if the enterprise value is say $250 million, and the outstanding shares is 1 billion
then $250 million/1 billion gives you a price per share of 25 cents, not again withstanding any additional price pumps that might occur through fomo or hype
i hope that helps
have a great week ending again