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TheLastOneSitting

07/17/17 7:55 PM

#80611 RE: PennyHead #80610

It comes down to share structure. After the reduction the O/S will be 2bil (1.6bil float), companies are judged on the OS. At 20mil in earnings and a p/e of 10 the pps would be .10... $1.00 would take a massive share buyback, R/S, or $200,000,000 in sales. At least on paper...