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Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."


GREY:RPBIF - Post by User

Bullboard Posts
Post by Hurting20on Jan 16, 2004 6:12pm
155 Views
Post# 6907300

ldpp, can you help wiht my calculations

ldpp, can you help wiht my calculationsWith another financing there will be 70 mil shares. If they earn .10 a share with a 20 multipke we have $2. .10 a share is $7 million. Assuming even 15% (it is not going to be that high) flows to the bottom line what would the sales need to be? I can't figure it out, but it looks like ball park they need about 50 million in sales to justify a $2 share price unless multiple is expanded due to its seriouly large growth opportunities. Question 2 if sales are 1.5 this year how many years before we can justify $2? and if things don't go perfect or with option happy Bill at the helm how many fully diluted will there be? I appreciate the help
Bullboard Posts