RE:RE:RE:RE:Spring is in the aircanyousayiii wrote: $6 billion market cap for $90 million revenues even if possible for 2021? Not quite sur market would give it that kind of premium unless there was another 9-digit backlog on the books.
Chrisgodfrey202 wrote: That represents a 200% increase in revenue for 2021. If the current base price is 8.00. Then that would suggest a year end rate of $24.. i think the revenue could easily be around 90, mil and that would suport a SP of 40.00. The actual price should be between those two numbers.
I think your numbers are conservative at 90 million. If three companies only order 10 torches each, to be followed by 10 more. That alone is the 90 million for 2021 and 90 million additional for backlog, and that's not counting other divisions. At this point we are all guessing but personally, I wouldn't be surprised at a 50 torche deal or more. A small deal would never take this amount of time. Jmo