RE:RE:How low can this go???Bigger picture the financing is supposed to be invested in growing capacity significantly so your 22 numbers are probably accurate, I did not check, but the pricing should reflect those expectations and prospects as well. Not sure how low this will or can go...but the sector is good and fertilizers and soil reclamation products are in required to meet growing demand.
And I am definitely one of those retail investors who voiced displeasure here and significantly reduced my holdings. I am encouraged by the price holding up in light of the general market carnage
lscfa wrote:
| | 2022 |
| Revenue | 24,000,000 |
| 30% Gross margin | 7,200,000 |
| Cash Expenses | (6,000,000) |
| Op income (ebitda) | 1,200,000 |
| Diluted shares | 185,005,930 |
| ebitda/sh | $0.0065 |
| Multiple | 10 |
| Sh value | $0.06 |
| | May2/2022 |
| Shs | 99,479,262 |
| Options | 5,801,658 |
| Warrants | 3,725,010 |
| | 109,005,930 |
| Jun pp Shs | 38,000,000 |
| Jun pp Wrts | 38,000,000 |
| | 185,005,930 |
frostback wrote: With retail investors voicing their displeasure with the recent offering I am curious how low can this go? A quick look back at postings here and on other boards there was no shortage of cheer leaders predicting an accelerated SP and robust financial performance by management. Its certainly not lost on me how quickly sentiment turns in the penny flipping world and this may be an opportunity to get back in. Is 0.15 a realistic low or am I out to lunch?