InvestorsHub Logo

MasterFeldan

02/27/21 1:54 PM

#45942 RE: Exit6 #45934

Yes, but in 2016 the total A/S was 300 million. I believe the total O/S was 17 million. And that was four years after a 1500:1 R/S. Not saying that's happening again... I'm saying the stock was in a really bad situation in 2016 and the price was that high because there were so few shares. Not because there was anything special going on like we have now. Point of fact, the high for the quarter ending Sept 30th of that year was $2... but in September itself the high was only $1. If we were to take the value of the stock today and go back to the 17 million O/S, the pps would be about $3.70ish. As it stands now... we'll have to see what happens between the fins, the buyback and the dividend.