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tasari

03/02/20 10:18 AM

#30206 RE: aussiekevin #30203

There are 200 millions shares ( https://www.otcmarkets.com/stock/ABCE/security ).

It it a turnaround, so often P/E of 20 or more.

So my "0.05"
Let's say here P/E of 10
=> 200 million / 10 / 0.05 = $1 million profit

Let's say here P/E of 200
=> 200 million / 10 / 0.05 = $500K profit

True a bit high, but turnarounds have higher P/E ( because of uncertainty of being able to be profitable ). It is always a gamble here of course !
But stock markets aren't realistic neither :-)

AND... they need to be able to communicate better, they need to publish it at ALL places at the same time so everyone can read it ( because not many people go to the news of OTCMarkets of their stop every day ! Not even weekly ! )

AND don't forget this has been dragged down because general stockmarkets ( -15% for many profitable companies )