Tuesday, November 22, 2022 5:49:48 PM
If they execute on what's in motion and no bad surprises and you did really basic maths of say "well a P/E of 4* is reasonable and we take a conservative net profit of 30% of a conservative $30 million turnover"
9,000,000/ 2,000,000,000 = 0.0045 * 4 = 0.018 is a very reasonable mid 2023 figure IMHO and why I am invested long. Even 2* gives you close to the 52 week high.
That's around 4 to 7 times its current value. But this is the OTC and until some big players come into the picture who truly knows?
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