RE: RE: news: finally A spike? Who knows but drill the numbers dude:
14.1M shares WESA plus 6.7M shares Seprotech for a total of 20.8M shares. They stopped trading at $0.04 which puts the cap at $8.32M. They used a deemed value for the transaction of $0.66 which puts the cap to 13.8M. That's a really low valuation.
The combined revenues are around $30M and net profit should be around $2.5M. The trading range should be between 75% to 150% of revenue so the normal trading range is $1.08 to $2.16 per share. The reality of what happens when they trade could be different.
This should be an easy triple but it depends on the market and so far we've seen no real announcements or expectations or guidance. What happened to their publicity firm? If they screw this up and the stock doesn't move, these guys are incredibly vulnerable to a takeover which is their most likely exit scenario anyway. Basically, a triple means the stock is $1.20 per share which is $0.12 pre-consolidation or where the stock price was ten years ago in a much weaker business.
Bottom line is that this spikes or somebody swoops in to take them out. This is the time for a ton of publicity. The silence is deafening. Yawn.