GREY:FGBDF - Post by User
Comment by
excitingon May 08, 2017 12:30pm
116 Views
Post# 26216667
RE:The more i see FGD in red, the more happy i will be.....
RE:The more i see FGD in red, the more happy i will be.....You are probably right on your assumptions (with your best scenario of 30 millions revenue for 2017 ... maybe with 30% margins giving 10 millions profits). The thing is the number of shares would reached 400 millions if all the cheap warrants would all be converted to shares and that number would continue to increase over time i believe since management has no idea how to value the company and based on the brutal dilution over the past few months. For a well known established growth company you can have a skyrocket valuation but for FGD it is way too soon. You are talking about a market capitalization of 400 millions$ if FGD goes back to 1$/share and knowing the company has only 30 millions$ revenue. If FGD execute and deliver well then we will chat again probably more toward end of 2018. Keep your condo btw.