GREY:ALEAF - Post by User
Comment by
Leafs4Lifeon Jan 11, 2017 5:11pm
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Post# 25696353
RE:RE:RE:RE:Will CMM be next? MT TO ACQUIRE BODYSTREAM C. CLINIC NETWORK
RE:RE:RE:RE:Will CMM be next? MT TO ACQUIRE BODYSTREAM C. CLINIC NETWORKThey would not take that deal. The company has been public for less than 4 months and you already think they're getting impatient. I think you need to look in the mirror.
Management's aspirations are much, much larger than your narrow (and stupid) view of things.
The company has close to 15 million CASH in the treasury. An offer at 1.60 would only value the company around 55 million bucks. When you take the cash out that's 40 million for every penny of future earnings the company will ever make. They plan to do 17 million in revenue THIS YEAR. You think they should sell at less than 3x 2017 revenue? I'm glad you don't manage my money.
AHRBull wrote:
If they get an offer for $1,50-1,60, they will do it. Its all about making money. CEO owns a lot of shares. Don´t forget this point.
He must be frustrated about CMM share price after APH offer @ $1,40. Still trading below a dollar.
Lets say, APH will make an offer between 1.40-1.60, they will take it.