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Wednesday, April 12, 2023 1:24:13 PM
Net Profit = $5 million
O/S = 17.2 million shares
EPS = $5 million / 17.2 million
EPS = $0.29 per share
P/E industry average is 39x in this industry, as Stervc has stated many times.
$0.29 * 39 = $11.31 per share
I can see a run to about $6.00 - $8.00 range, with audited financials, if Net Profit is at least $4 million, and total revenue is well over $100 million audited for 2022.
![Bullish](/static/images/ih2-bull.png)
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