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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by yunglizzo69420on Nov 12, 2018 9:21am
156 Views
Post# 28958825

napkin maths

napkin mathsif rnx has a market cap of 268 mil, then fully diluted @ .71 thats 377 mil shares.

Lets say Q3 results say 30 mil in profits.

30 mil/377 mil shares = 0.079 EPS

0.079 EPS at a 10- 15 P/E ratio (conservative) --> gives an SP range of anywhere from 0.79-1.19 

Am I missing anthing?
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