TSXV:EVE.H - Post by User
Comment by
madmike0on Sep 08, 2019 11:36am
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Post# 30106461
RE:RE:RE:Easiest Calculation
RE:RE:RE:Easiest CalculationnoVTXallowed wrote: My napkin math is 75,000 KG x ($4 Per gram Selling - $1 Gram Cost = $3 per gram profit). $3 x 75,000,000 grams is $225 Million Revenue x 7:1 PE Ratio is 1,575, 000, 000 Market Cap / 335 Million Fully Diluted Shares = $4.70 a share. That omits premiums they may receive from selling specialty products. So my price is $4.70 a share.
And THAT is the revenue stream that excites me the most! Value added products geared to the female consumer is what eventually will rock the SP.
Mike
(and yes, nice to see some civil discussion though the "ignore" feature has already cleaned up things nicely however it does make most threads hard to follow)