GREY:SLHGF - Post by User
Post by
Justcall6969on Mar 30, 2021 6:04pm
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Post# 32910949
2.55 TARGET Going to an Upgrade of $10!!!
2.55 TARGET Going to an Upgrade of $10!!!BEACON has the street high target of $2.55 which is based on a 9x run rate... Fully diluted shares of 200m shares = 56m x 9 /200m = $2.52
Beacon only initiated coverage in Dec 2020... This implies almost 150% upside from current prices!! That is also if the company does nothing for the rest of the year lol....
Prad mentioned 200m run rate end of year which makes things a lot more exciting!
When they achieve 200M run rate EOY, I expect the price target to be upgraded to $10/ share minimum by then! (in waves)
10 x run rate should be a conservative target once organic growth accelerates.
Cheers
JC