TSXV:ELXR.H - Post by User
Post by
ConfidentDDon Feb 15, 2018 3:09pm
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Post# 27566881
At close to 500 million shares outstanding, how can one ....
At close to 500 million shares outstanding, how can one .......think that this company is worth more than a 10 cents a share. It would need $50million in earnings to justify a 10x EPS. At $5million in earnings it rates 1 cent a share at 10x EPS.
Every investor gets the opportunity to check, re-check, double-check their model and buy or sell accordingly. GL DD