RE:RE:RE:ManipulationIt depends on what metrics you're using to value the company. If PSP can maintain a revenue clip of above $20,000,000 per year (which they should be on track for now), and refrain from building large overhead like they did 8 - 10 years ago, then it should be able to produce $1.5 - $2.5mm per year in EBITDA. On a simple calculation of 8x, it should have a market cap of $16 - $20mm, bringing us to 18 - 30 cents in simple valuation.
If a strategic buyer from the outside was potentially looking to acquire PSP, they would probably give them a better premium as they would want the market share and could eliminate overhead.
Essentially, this puts us on the low side of being fairly valued, but we're inside a range. I personally only see upside from here.
VeeP