I read on another board. Revenue/outstanding share = PPS x5 or 2.5. True or false?
If MMTE finalized land in Chile, then it's $30Million/OS= $0.007 x 5= $0.035 PPS. 2.5 times would be $0.0175.(I know $30M is not revenue but saw few peeps using that for pps calculation)
It seems to be true since I trade few big stocks with PPS 3 to 5 times higher than actual revenue.
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