TSXV:MRS.H - Post by User
Post by
ScarletSpideron Oct 05, 2021 11:33am
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Post# 33967038
Let's See What is Said at the Conference...
Let's See What is Said at the Conference...this is not likely to advance but hold range until the point of the conference. I don't see anything coming before 2 days even though yes I was hoping there would be something good. The last news is it but like I said let's see where the conference on takes this. I would still like to see people giving proper analysis of the fair market value here even if I disagree with them if they say a buck to $2. This really isn't worth less than $3 as far as I am concerned but any analysis will tell you dollar for cumulative dollar on the total outstanding $1.165 should be the absolute lowest value for this stock and I would fully reject that and anything under $3--stocks are supposed to be forward looking and I have no doubt this will be close to at least $500 million cumulative value into next year which would put the stock at $2.5 but i also see with that EBITDA positive quarters which I would at least double the value hence as I said my $5 share price.
In any case, there is really no place but up for this stock. I don't see us getting less than worst case the same contract range as the previous one but I have said the ceiling as the floor because if the admin is favorable why would the contracts be just as low that wouldn't make any sense whatsoever especially when I have seen a 890 billion of contracts to be awarded.
In any case, there will be a fairer share price when all is said and done and I see it at $5 plus!!! Nothing will change this.
Looking forward to seeing what the sentiments will be later this week.
glta