Repost
Posted by: c7bk Date: Tuesday, July 21, 2009 12:30:32 PM
In reply to: mm107 who wrote msg# 11642 Post # of 11874
$15M divided by 205M (o/s) is .07 per share
Times a conservative PE of 7 is
.49 share price after closing all 3 acquisitions on 8/14/09
Minimum!
And this correction;
Posted by: thebronkx Date: Tuesday, July 21, 2009 7:00:23 PM
In reply to: c7bk who wrote msg# 11645 Post # of 11876
c7bk - you forgot the 8m for the schooling:
So 8m + 15m = 22m
22m divided by 205m (o/s) is .107 a share
times a conserative PE of 7 is
.75 a share.