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Bullboard - Stock Discussion Forum Middlefield Income Plus II Corp T.MIP

TSX:MIP - Post Discussion

Middlefield Income Plus II Corp > Should be 32.5 cents a share
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Post by Cloud_Strife on Feb 18, 2008 12:58pm

Should be 32.5 cents a share

6,005,131 + 50 million agreement / 171,575,161 = 32.5 cents a share
Comment by imran999 on Feb 19, 2008 10:17am
I hope your calculation is right.
Comment by markvrd on Feb 19, 2008 10:54am
This calculation assumes every potential client buys MIP's product, that cost of sales/marketing is zero, that cost of production is zero, that operational expenses are zero and that all sales are realized today. That said, nice to see some good news.  Nevertheless, out at 4 cents with the share I bought at 2.5.   Few stocks do these kinds of gains (up 60%) without retracing in ...more  
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