Some very basic calcs on NMS ..
34M shares
24M options
Say 58M fully diluted
A $5mill profit gives EPS of 8c
On a P/E of 10 gives a share price of 80c
How much they need to turnover to make $5mill profit is anyones guess .... but this gives some idea of what they need to do to move the sp on basics. The market seems to have discounted any sp upside for potential growth until they start to show some real progress.
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