OTCPK:SPLID - Post by User
Comment by
mrmonopolyon Jan 02, 2019 10:25am
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Post# 29176551
RE:Quick Napkin Math for Nutritional High... Market cap...
RE:Quick Napkin Math for Nutritional High... Market cap...A few things to keep in mind with this napkin math: 11x revs may have been industry average a year ago but that may not be the case going forward (we'll see), I think there are a considerable amount of shares reserved, purchase of GT will add considerable amount of shares + any other acquisitions. HOWEVER, when GT closes I think that should bring our annual revs closer to 30M, and to your point that doesn't include growth Q/Q, so yeah even after a 150% run-up I still think we're poised to go higher.
There was months of consolidation in this low/mid 30s range so I'm expecting to see a lot of resistance here. Hope we can punch through!