Assuming 2 million divided by 73 milllion shares equals about 2.7 cents profit. Times 4 quarters (assuming no allowance for continued growth) equals 10.8 cents yearly. Times 50 gross multipier(as someone recommended yestderday and is reasonable for a stock growing at our pace) whch gives you a current value of $5.40 cents a share. With the perameters I have chosen, and you can chose your own, isn't this accurate or have I erred? Thanks
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.