Wednesday, January 15, 2025 10:45:34 PM
The notion that WACC was in anyway important to a massively diluted, money losing, pink sheet stock that had practically no access to conventional bank debt...is laughable in the extreme...and tells me you don't really understand it yourself.
And I dealt with WACC routinely when I was the CEO of an ESOP that had a yearly valuation carried out....and the discounted debt free future cashflow calculation centered on it.
But have a good evening otherwise...I am out.
I am sure we will talk tomorrow.
And I dealt with WACC routinely when I was the CEO of an ESOP that had a yearly valuation carried out....and the discounted debt free future cashflow calculation centered on it.
But have a good evening otherwise...I am out.
I am sure we will talk tomorrow.
1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?
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