RE: RE: RE: Something has to give FF1,
Have to agree that the price should be higher if it can show consistent profitablility. I'd expect a P/E ratio of around 20 or so for this type of company. So at $0.10 in earnings per share that would mean around $2 for the share price.
But as I said it needs to show more consistent returns than Seprotech did in the past. Once that is shown, and each positive quarter will add to making that a reality, the price will move up into that range.
Time will tell and only 2 months until we find out if it is progressing in that matter.
Right now P/E ratio, based on the first quarter, $0.49 / (0.02 *4) = 6.1
A good second qtr (EPS - $0.03 or greater) and I'd see price moving up to close to $1.00