TSXV:MRS.H - Post by User
Comment by
DD34on Nov 05, 2017 11:56am
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Post# 26908313
RE:RE:RE:RE:RE:VALUATION OF MRS on 1st PO TBA
RE:RE:RE:RE:RE:VALUATION OF MRS on 1st PO TBA.50? Do you understand market caps and P/E multiples? Understand the sector at all and the longevity of these deals? Don't forget these contracts are in US dollars. They solidify that first decent P.O. in the $2-$5M, get that 40% upfront and this will never see .50s again. Cheers. Easiest investment in a long time here. over 20 years on small caps and I've never owned more of any other company.
QUANTUMJUMP wrote: LucasKnight wrote: Holding over 1.2 million shares...if it ever goes to $10.00/ps, i might have to rethink my future.
However, i am looking at a share price of over $1.00 in the near term with PO etc.
There is a risk in any investment, but i do feel that i have done enough DD to be comfortable in my positions. My gut feeling is that we will see a huge move similar to GGI and NVO in this play....
We will see if i am accurate in the medium term.
You may have to rethink your future if the sp gets over $10 ?
You have done DD?
You (state) you have 1.2 million shares in a spec play
It trades at .23 because they have bid on a large contract along with many other companies
If it gets a PO for a bid it will do ok, but the bid is not on a $400million contract, the quota over the next 5 years is $400
A realistic target is 50 cents