I think that PSNH will have to pay more for Laidlaw's electricity. PSNH is mandated to buy this renewable energy somewhere and Laidlaw is in a position of strength. IMHO, the markup will be less than 20% which alters the math in our favor as shareholders.
I think this would bring total yearly revenue up to the 100 million dollar range!
UPDATED . . . based on $77,710,288 USD per year revinue and 3,billion shares Authorized = .025 per share
give a P/E of 100 = $2.5(PPS)
But these numners are all based on LOOSE facts and should not be taken as fact
Let me correct this:
the market only looks at the first 2 digits in reported numbers so they would see .02 earnings on 3 billion authorized.
Give a P/E of 100 = $2.00 (PPS)
NOW do a reverse split of 1 for 10 and that .005 becomes a factor and boosts the earnings from .02 to .25 a 20% increase in revinue without doing anything..... Things that make you say Hmmmmm. it is all perception.