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nunya54

04/14/24 8:25 PM

#1557 RE: jerseyboy73 #1556

What price do you think the stock opens up at when the new company takes over. Since the New company is making money already it should be valued higher. Based on the info I found, Premier made $6.1 million last year. So multiply that by 10 for a private company and you would get a share price of around $2.00. Companies that go public are usually valued higher so could be $3 to $5. That's my guess anyway. Most every other Private charter company that went public opened at around $9. But granted those companies probably had higher revs to start with. We'll find out.