Post by
RTO on Nov 09, 2020 10:58am
Worth Repeating: P/E Ratio Totally Disproportionate!
The shares obviously have some very serious catching up to do! The 2 latest quarters since COVID saw EBITDA at $30 million each, times a complete year (x4) equals $120,000,000. Shares outstanding 73,724,896 = $1.63/share. P/E 2.27x
To make it even more ridiculous, now that they are debt free, some to all of that money can be issued as a dividend to shareholders! What would that dividend percentage represent?? Crazy.