Thursday, October 17, 2024 11:30:14 AM
I keep looking at this ticker that seems to be on an upward trend, is a similar company, has about $50 million in sales and trades at 10x sales.
If Delex is doing anywhere near these sales in 2024 we are looking at a similar $500 million company, which is what I have been saying.
If Delex post merger OS is about the same as ELTP you are looking at a $0.50 ticker easily. I am guessing it won't be this high. ELTP has a float over 700m, if Delex only has 10-30m floating post merger this can run 5-10x higher than $0.50.
This ticker has huge upside coming.
If Delex is doing anywhere near these sales in 2024 we are looking at a similar $500 million company, which is what I have been saying.
If Delex post merger OS is about the same as ELTP you are looking at a $0.50 ticker easily. I am guessing it won't be this high. ELTP has a float over 700m, if Delex only has 10-30m floating post merger this can run 5-10x higher than $0.50.
This ticker has huge upside coming.
Bullish
