TSXV:MRS.H - Post by User
Comment by
SizzlinSteakson Feb 12, 2018 3:04pm
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Post# 27546303
RE:RE:$10 stock with a year easy
RE:RE:$10 stock with a year easyOnce the first P.O. is confirmed, that puts $50 million in their pocket. Once this moves to the bigger exchanges one can use 10X earnings as a general rule of thumb. This is typical for the major exchanges. This already gives a 500 million valuation. However, that is only for the first year of the P.O. Everybody already knows there are 5 years at 50 million so there has to be some added value for already knowing there is an additional 200 million over the next 4 years. Additionally, we know there are other major deals in the works.
Perhaps it seems like a stretch to some but I think the potential is there.
ark88 wrote: $10/SP = $1.5 Billion MCap