OTCPK:MEDVF - Post by User
Comment by
CerealKilleron Dec 22, 2020 8:17pm
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Post# 32166576
RE:RE:RE:32 testing sites up and running now. Here is the list
RE:RE:RE:32 testing sites up and running now. Here is the listJasper66 wrote: Copied from Medivolve twitter. Someone has done the math that out price should be .74 right now. This is @ 31 operational sites! $6mil generated per month * 55% EBITA = $3.3 mil $3.3 x 12 months = $39.6 mil (US) $39.6 mil(US)/ yr @$ 1.39 exchange = $51.09 mil (CA) $51.09 / 149 million shares outstanding = 0.343 EBIDTA/current share price of .255 / .343 = 0.74 PE ratio.
That's P.E., not price. Not the same thing (it actually means the share price should be significantly higher, so your mistake in interpreting this is a good one).