Comment by
heardaroundtown on Jul 16, 2024 2:52pm
Correction:Quipt has a sh+t load of losses that would offset any profits. So $58 million is all they need to hit $1.24 per share. Even greater if they decide to buy back say 7 million shares.That would give them $1.45 a share times 15 times profit that would mean $21.75 USD SP.
Comment by
KarlGibbons on Jul 17, 2024 2:29am
Where do they get the $58 million of pure profits? They've spent north of $150 million on deals the last few years and still have zero profits. Where does it magically come from? To get $58 million in bottom line profits, would require what, an exta $600-900 million in revenues? Where does that come from? Without more equity dilution and borrowing to do it?