RE:RE:RE:remind usI think we are better of with a price of 12USD/ld than a price of 20 or more. 12 is already the double from what was paid for a month ago.
I will already be happy if we can hold the 12 until the end of the year. I assume all of us will have their money back at this level.
From this perspective it is not so important either - on a short term - whether the profit on yearly basis will be 150/170 mio or higher. What counts for now is what the Q2 profit will be, and that they can control the operational cost. During last Q it raised and I haven't seen a decent explanation.
Profit must be at least 5mio and operational cost < 3,70.
If it is lower, then Smith isn't worth his salary of 1,9 mio in 2016.
If so the market will see that the company can make money and will then itself extrapolate the 12 USD to the future.