Sounds about right to me trevor... & carrying your postulation one step further... $100M divided by 80M O/S = $1.25/shr... add a median PE of 8 & we're at $10./shr.
Sounds good to me !
*my calcs are subject to error...I'm no accountant...& proud of it.
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.