InvestorsHub Logo
icon url

rosemountbomber

11/20/19 9:04 AM

#228666 RE: IgnoranceIsBliss #228652

Tasty, I have most often valued things based on earnings. Do you have an idea or opinion what kind of earnings we would see on 7.5bn peak sales? TIA
icon url

couldbebetter

11/20/19 9:10 AM

#228668 RE: IgnoranceIsBliss #228652

Tasty, Good to someone post reasonable numbers. Should BP believe $7.5
billion will be peak revenues...a bid of 4x or even 4.5 would be
warranted. 4X $7.5 billion =$30 billion...divided by 412 million
shares comes out to around $72 a share. (Please don't discount the
per share amount we will get on our takeout bid!) Just Kidding...
Whatever value JT accepts for AMRN I think will be good with most
reasonable shareholders. After all, he has all the information...
and we do not.