I have been trying to convey the message that if SMN reached, over time, a certain amount of earnings, it is possible to work out the share price or valuation of the company which would depend on the P/E ratio. Once FAA approval is granted & things progress as expected, you will be able to calculate the P/E at the time. This will give you a pretty good indication of what the share price would be at various levels of earnings.
SMN Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
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