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Sunday, 06/19/2022 7:27:01 PM

Sunday, June 19, 2022 7:27:01 PM

Post# of 1103
Trading like it will fill 4.68 by Thursday, question is could it run higher from there, I’ll bet yes, because how could it fill both gaps in the near term with the value of the recent news. It would be extremely undervalued with so many long term investors jumping in I don’t see that second gap filling for years. Anyone short to mid term who bought in already would likely wait to see what happens at 4.68 before selling imo.

The contract allocates 291.7 million per year for 12 years, if SIDU is a major subcontractor that means a bulk of that money could be allocated to SIDU. The O/S is 16.87 million, meaning that at the current share price the market values the amount of the contract as follows: 5.81 - 1.44 (S/P prior to announcement) = 4.37 per share x 16.87 O/S = 73 million dollars per year from that contract. That’s 25% of the total money being allocated. At 4.68 per share gap fill it is likely undervalued therefore, with other possible future contracts/business that may be won in the next 12 years. The only way it would stay at or below 4.68 is if the market thinks the company will have zero other business achieved in 12 years which would be ridiculous assumption imo.

my posts are always theory and not financial advice

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