Monday, March 25, 2024 2:46:45 PM
600 tons x 2000 pounds x $10 a pound = $12M per year.
And let’s be super-generous and say there are ZERO costs associated with growing, processing, marketing, and selling those shrimp (completely unrealistic of course).
So, $12M in revs over 6.8B shares is 1.4 cents per share (again, excluding ALL costs)…
I personally would be very happy to sell my shares at a pps of 2 cents. Heck…even 1 cent.
I'm here for the entertainment and to entertain. I'm certainly not here to give financial advice and anyone who thinks otherwise is a fool.
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