RE:RE:Spillover effect of Penn's takeout of TheScore?
Trendsetter wrote: EGLX pro forma revs of 127 mill for 2020 110 mill shares outstanding !
SCR 9 months revs 27 mill...50 mill shares outstanding!
Do the math we are MASSIVELY UNDERVALUED HERE!
EGLX Market Cap at $800 Million.... at approx double the revenue per share (compared to SCR) and the SCR valuation in the take over, my math suggests a potential 4x + from here (comparatively)
With yesterday's take over bid, I personally think EGLX is worth at least $20 per share
Does anyone else have anything to add to potential valuation?
FI4