InvestorsHub Logo

kraken

03/21/15 8:49 PM

#15574 RE: Crusen #15572

It's worth whatever the market is willing to price it at...good or bad...rational or irrational. Many companies are priced at way more multiples of price vs earnings...

Drugdoctor

03/21/15 11:07 PM

#15579 RE: Crusen #15572

Now you are talking! Use your own NUMBERS!! re"

FXCM wasn't really worth that much more before the CHF event. At $17/share, and 47 million shares, that is 799 million.

They are now worth ~$300+ million less.

Ok, so they are worth $499 million if they are worth 300 million dollars less.

499 MILLION dollars divided by 47million SHARES = So Crusen estimates $10.62 per share is the value of FXCM now... I'll take it!

GLTA