Given strong growth in earnings if you used a p/e multiple of 20 on underlying earnings of 0.19 per share that would equate to $3.80. That type of multiple would only be justifiable if you are certain of the growth trend being executed into the future so is not my valuation just a possible scenario.
The Overhang Part 5 Elimination Party ?, page-18
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$8.70 |
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| Open | High | Low | Value | Volume |
| $8.72 | $8.72 | $8.59 | $55.66K | 6.414K |
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| No. | Vol. | Price($) |
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| 2 | 2975 | $8.57 |
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| Price($) | Vol. | No. |
|---|---|---|
| $8.70 | 7123 | 3 |
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