What form of "earnings" is Kate talking about? Total or per share?
The use of %ages to forecast "earnings grow" needs clarifying. It's mathematically ridiculous to think any figure plugged in at the beginning will continue to grow exponentially using such high %age gains.
Use a penny a share earnings, for example. At 55000% increase, that's $5.50. Take $5.50 and use 54000% and you get $2970. Then comes 1603,800. Then, at 40000%.... well, my calculator can't handle that amount and we're not even to the 2024 earnings forecast of another 30000%.
Someone tell me where I'm misunderstanding what she's trying to forecast.
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