Replies to post #12641 on United Energy Corp (UNRG)

[musicman 1]

That’s it.....put that nail in that coffin! Do it!!!!

[DWillie]

You make a lot of assumptions.

How about these assumptions, as long as we like to speculate:
United Energy has hundreds of millions in assets and hundreds of millions of annual revenue. Their market cap rates around 2-3B as a mid-cap enterprise.

IF they had 76M OS shares, that's still a $26 to $39 pps. But what IF they released every single one of the 425M to the float, that's still a $4.70 to $7.05 pps. Oh...the dilution. lol

The making up stuff is fun. :)