a massive sell off, page-4

Back of envelope calcs

With $30m gp and SRX possibly not having the same forecasts of triple sales output, one must consider the MC on a forward basis using new information.

20 x Gross would be realistic IMO, and allow $100m in asset value and $50m cash.

Circa $800m seems fair and reasonable, at 56m shares = $14.50

Just a thought.

I'd personally be a buyer up to $15