Friday, February 17, 2023 11:09:43 AM
And shrimp is a good profit margin industry. Especially genetics.
Therefore I anticipate market cap will be at least a 7x multiple of their revenue. And if revenue gets to be $25 million (annual), and 7x of that = $175 million market cap.
$175 million / 1.38 billion outstanding shares
= $0.12+ per share.
They can easily hit this in a year or so, in my opinion.
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