Post by
KnowledgeSeekr8 on May 01, 2023 11:12am
Can we see $5 this year?
Looking at the market cap, can we see $5 a share this year? It would equate to around $220 million
Looking at some of your projections for EDITDA and putting a 4x multiple, I think that is doable!
I've stopped selling for now, but have my cost basis down to $.15 a share. Pretty happy investors after all these years waiting.
Comment by
lscfa on May 01, 2023 1:12pm
eResearch needs to do an update.... The combined impact of the two scenarios caused our Equal-Weighted Target Price (1 year) to increase to $6.02 from $4.44. However, until the full 2022 financials are released or the merger closes, we are maintaining a Buy rating and a one-year price target of $4.50.