Replies to post #3213 on Aqua Power Systems Inc (APSI)

[TheHungryHippo]

Market cap 5 mil here, if merger shows good revenues, then why not 2x-5x this market cap? Maybe more..

[Roofus]

$25.07 ….

Once the $100+ million annual revenue is audited.
Once everything for the merger completion is official.

Only 17 million O/S here.
I’m factoring in 10 million additional shares added to that, as given to the merger company.

$677 million market cap ($100 million revenue)
27 million O/S
= $25.07 per share.