TSXV:ISD.H - Post by User
Comment by
rudy389on Nov 09, 2011 11:08am
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Post# 19222251
RE: RE: 1 up day last 13
RE: RE: 1 up day last 13
Holding quite well at ~
.30. My guess is
.25 is the downside. If you understand the opportunity and have a longer time horizon than a couple of weeks - you hold your shares.
Not trying to pump this up - just my opinion given the opportunity. I don't think there is a buy out coming or all the other crap being posted here. I do believe the company can show it can post annual revenue of ~$10M with cash expense of ~$3M meaning $7M in earnings.
Given this is recurring revenue the company should get at least a 8 multiple on earnings supporting a market cap of $56M. Now at $14M.