RE:Re. WooooooooooooooooooooooooooAgreed. Just wondering... let's say their "predictions" really do come true and they book another $20M of business next quarter. At their current 24% GM that pretty much wipes out their adjusted net loss and leaves maybe $1M for expansion or debt payment or whatever. What kind of optimistic share price does that leave us with? At 43M shares, that would add about $0.02 of book value to the balance sheet, and with $5M of debt retired, another $0.05, right? Still not back to today's $0.27.
And that's with the scenario as they say it will happen. As everyone points out, the record's not that good.