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Friday, May 27, 2022 7:08:00 PM
O/s looks like it will be about 100m
$30m Revenues x’s a factor of 5 = $150 Market cap
$150m market cap divided by 100m = $1.5m
However if this company is fast growing the factor used for valuation could be 10x’s or more, so $3 or more pps.
@ 2’s revenue pps valuation would be $.60 - better than a stick in the eye.
Time tells all. $STJO $$
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