GREY:EORBF - Post by User
Post by
hsaber2on Jan 24, 2013 8:41pm
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Post# 20887644
Valuation
Valuation I agree that 15 in 2 years is possible, seen stocks before that did that. 15 is 4 billion valuation & for a company growing at 20% a year for the next 10 years just to satisfy 50% of local demand & is a game changing technology. If they are able to project 1 dollar in earning in 2015 then 20 times is possible but do not see this lasting long without a takeover. No way that the biggies will stand by & leave control to a junior or allowed their competitor to takeover. There will be differently a battle