InvestorsHub Logo

Testpilot

04/09/24 2:56 PM

#42542 RE: Quikshft #42541

"With three billion shares outstanding, and a P/E ratio of 20 plugged in you need EBTDA earnings of three million dollars for a two cent price per share"

I enjoy theorizing what the post merger pps will be. So, I came up with 2.618 Billion outstanding shares after the close. I expect at least EBTDA earnings of $50 Million USD. So, I'm expecting a minimum share price of .3819 after the close. If earnings are more like 100 million, we could see a share price of .7639
This is all assuming no RS in the immediate future.
Bullish
Bullish