GREY:IPRSF - Post by User
Post by
Lendlfanon May 27, 2017 12:46pm
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Post# 26292115
Valuation.
Valuation.Okay let's all give our heads a big shake here for a second. Here's how you know we are at a bottom and this thing "shouldn't" go down any lower even after a deal is announced.
Let's sayyyyyy this thing drops to 1 cent. (as per GeraldH likes to believe it will)
That would make this company worth $1.8 Million Market Cap.
Really......REALLLY.....REALLLLLY!?? $40 Million in revenue, $10 Million a year EBITDA, and capital structure improvement where debt level is now serviceable.
I dare this market to send it down that low. Because I, and many many others will be buying like crazy. That's how you know we are at the bottom.
$1.8 Million.....hahah company would be priced as much as a condo in downtown Toronto. HA! HA! HA!
My point being is......why would anyone sell here? Unless you think no deal was done and the company has to go bankrupt....then that is different. But a company pulling in this money doesn't go under. They get bought out, or equity injections.
Even with further dilution, the stock is undervalued.