If all these calculations are correct. If China Lotsynergy sells 3 billion cards and CirQ profits 0.10 each. The earnings per share for the year that occurs from that deal alone with the current share structure would be $4.28 per share. with a conservative p/e of 10 that would equate to a $42.80 share price from this deal alone. with a p/e of 30 you are talking $128.40. Again based on this deal alone. Since that seems too high of a share price within 2 years. Where am I getting the math wrong?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.