GREY:ACEXF - Post by User
Comment by
lscfaon Mar 17, 2017 8:57pm
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Post# 25996468
RE:Any Thoughts?
RE:Any Thoughts?"The directors of the Corporation believe that the proposed Consolidation better positions the Corporation going forward from a trading and financial reporting perspective."
if the co. is about to record a quarterly eps of <$0.005 it will get rounded to zero, so 1:3 rollback raises the qtrly eps to at least $0.01.....
$0.01 annualized is $0.04 and p/e multiple of 15x => $0.60 fair value post split or $0.20 pre split....
this is consistent with my previous valuation of $0.26
https://www.stockhouse.com/companies/bullboard?symbol=v.qic&postid=25810576