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Re: coolerheadsprevail post# 26958

Thursday, 02/14/2013 11:24:01 PM

Thursday, February 14, 2013 11:24:01 PM

Post# of 68424
I'm confused now.

So with a 700M settlement, if you say the sp will hit $12, then you are saying that the market will immediately reward VRNG with a multiple after only its first win? If not, then after taxes, there is no way the BV comes anywhere close to 12, especially with no ongoing source of operational revenue (and Facetones is too immaterial to even qualify for this conversation). Even without taxes, the BV doesn't hit 12.


I thought it was going to hit $60 in a couple of weeks?