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shotsky

12/21/23 10:29 PM

#69473 RE: peeved #69472

JP said he would disclose the contracts and revenue. In my experience, it will not happen with a huge OS. If he's as smart as I think he is, he will execute contracts and buy back shares to reduce the OS. Nothing else makes business sense. You simply can't jump a 6B OS into cents with a few shipments of commodities. I doubt that their profit is above a couple percent. That is still big money.
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snow

12/22/23 3:20 AM

#69483 RE: peeved #69472

peeved I arrived at the same line of reasoning that you did before reading your post. Since the deals are so big I assume the margin will be quite slim but even a slim profit margin will justify a market cap of 55 million dollars if the prospects of the company are good.