Apologies.
Despite taking care not to introduce errors, it is obvious that I missed a decimal place. 1.5 to 2 cents a share is more like it.
I hope your boss doesn't read HC jev.
Still misleading to say it would be worth 1-2 cents to the share price. For a start the E in the P/E ratio refers to earnings (or after tax profits), you are talking about revenue, they are not the same.
In addition, in order to apply a P/E ratio to stock it has have earnings and 720k additional revenue accruing to POH would still leave them with large losses, thus no earnings and applying a multiple becomes an exercise in futility.
Apologies.Despite taking care not to introduce errors, it is...
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