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skitahoe

08/17/24 3:02 PM

#43497 RE: Testpilot #43496

What P/E ratio did you assume in arriving at about $.12. If it's based on a P/E of 10, if what's divulged when the merger's complete suggests a great deal of future upside potential is expected, then 30 may be justified, IE a $.36 share price. On the other hand if you used 30, and future guidance is lacking and only justifies a P/E of 10, we could be looking at $.04.

Either way, it's still a big gain over where we are today, so let's hope it comes to pass, hopefully by Tuesday.

Gary