It sounds like you are making assumptions and predictions about the future performance and share price of a company based on potential events, such as full FAA approval, contracts signed, and high earnings. These predictions are speculative and depend on many factors that may or may not occur. The P/E (price-to-earnings) ratio is a widely used metric for valuing a company, but it is just one factor to consider and is not a guarantee of future performance. Additionally, the actual number of shares on issue can change over time, so your calculations may be inaccurate if the number of shares differs from your assumptions.
However, we get your point.
SMN Price at posting:
40.5¢ Sentiment: None Disclosure: Held
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