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Choi

08/23/22 12:31 PM

#9909 RE: IPO$ #9905

So the trailing twelve month eps was .185 when you factor today's small and final increase of the o/s.

$6,832,000 in earnings divided by 36,980,377 is .185. A p/e ratio of 15x is $2.78 a share.

The forward p/e of 15x on expected earnings is $35.7 million. Divide by the current o/s, and you get an eps of .97. Multiply that with a p/e of 15x and what you get is $14.55 a share.

So we should be trading anywhere inbetween $2.78 to $14.55 a share, based on fundamentals.

But, with the new Alaskan property, the fundamentals will show us more. We don't have the details of that yet...

Zardiw

08/24/22 10:26 AM

#10065 RE: IPO$ #9905

$BMXI EPS is .46 ....Times 14.4 is $6.62/Share..........
https://www.wsj.com/market-data/quotes/BMXI/financials
Z