Post by
bluemoons20 on Feb 15, 2021 12:59pm
market cap for buyout
Have seen some discussion of a buyout with discussion ranging from buyout at $100m. or $500 m.
With about 150m shares out (diluted) , Share price @ $100m is about $0.67 and for $500m is about $3.33.
Is this the range in which something may happen?? See some folks are looking for a lot more.
Anyone provide a projection as to how this might go in terms of price and time line. Hopefully not another 5 years??
Thanks
GLTA
Comment by
Dudeforever on Feb 15, 2021 1:14pm
The CEO has hinted (strongly) that within 12-18 months the buyout will happen. It's his modus operandi and he's very good at it. From those who have followed him, and interpreting his words, he seems to have anywhere from $300million to $500million as his target. My guess is that we're looking at a $2.50 share price upon buyout, but I'm an optimistic guy.
Comment by
snuff133 on Feb 15, 2021 1:51pm
He has never once said what his target is for a buyout . Before adding covid scanning and possibly veterianans he said it was a multi billion dollar company. Everyone can sit here and do the math but like he said we will discuss price when they come knocking at the door . This stock will be 5+ dollars by the end of 2021 mark that on your note pad . Good lucks longs
Comment by
Dudeforever on Feb 15, 2021 2:06pm
$5 would be very nice, and quite realistic if this machine does what the company claims it does. In fact, if the pieces fall together perfectly it could eclipse $5 easily.