clawmann, that would be correct.
And I guess I was getting ahead of myself, gotta walk before we can run, so a buck a share in PPS is perhaps too much to worry about right now, .25 would be pretty neat, or .50.
So even at boring foamed plastics business net margins of 3%, NEOM would only need $330MM in revenues to get to $.50/sh at a P/E of 50, or $165MM in revenues to get to $.25/sh at a P/E of 50.
P/E of 10? That sounds like the boring foamed plastics business, that company I'm mentioning trades at a 10 P/E currently.
jonesie