GREY:IVITF - Post by User
Comment by
Omegabon Jan 07, 2018 4:31am
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Post# 27299748
RE:RE:RE:RE:Any thoughts on where this stock will open Monday?
RE:RE:RE:RE:Any thoughts on where this stock will open Monday? If it moves to that level, warrants will be exercised, fully funding it to 50,000 kg.
At a conservative profit of $1.50 / g, that's 75 million in earnings, take out tax and you have ~50 million in net income.
P/E of 20 gives it 1.0 billion market cap, meaning a $8-10 share price.
It will most likely end up at $6, you have to discount the share price for risk. Obviously in this sector we have valuations going way above these assumptions anyways. I wouldn't be surprised if it goes over $6.