Well, the share price response has been underwhelming to say the least given the news. I was expecting a lot more. If as stated above potential future revenues are 600 million (and yes, I know that's a wild aspiration at the high end,) and accounting for the massive float, that puts the current price at about 3 to 4 times future earnings ? If my math is off please forgive me, our football playoffs are on and I've had a few beverages.
Ann: FBR successfully completes institutional placement, page-19
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