Re: Breakfast in Frankfurt / 8$ Share Price
in response to
by
posted on
Nov 24, 2015 06:21AM
Well, here we go again, if he's basing $8/share, using a standard 20:1 EPS ratio (which is low for an upstart techco). The calculation would be as follows:
$200M revenue
200M (outstanding shares, I believe it will be more fully diluted)
$8 x 200 (O/S) = $1.6B Market Cap / 20 = $80M Profit on the $200M in sales or .40 cents per share. ($80M/200M (O/S))
Let's start by hopefully getting a nice juicy news release to go with the US Thansgiving turkey :)