Little mathI took a conservative projected revenue of 70 millions and took a 17.5 profit out of it, took a 400 million shares of compel, assuming it will have that at the end of the year, it does give me EPS of around +.045 so We are giving a PE valuation of a miserable X 2.5 so who can give me a PE valuation for the sector.
Just taking the average of the PE of TSX that is around X20 the SP500 around 15 if we go lower to a projected PE of .045 X10 we should be right now around .45 cents so we are way under value and remember my projection of revenue is very modest.
FV