I was reading the threads last night dreaming but was wondering this.
If they made over 1 million npat for the first 7 weeks of 2019 so say 1.2 million for 2 months or 1.8 million for the quarter
and they triple production by the end of the year and can sell it so say 5.4 million a quarter approx 22 million a year
I know their will be tax implications at some stage but let me crap on
so pe of 25 for a market darling if things get that far(could easily be a pe of 50 if things do get that far)
MC 550 million.
share price $10
It looks like its trading against the backdrop of the FDA announcement. The FDA are a pretty tough crew, if they have their
doubts they generally don't say "Aaaah you know what...? We're going to let it slide." They usually knock things on the head.
Most likely this is why they are running....? I just wonder if Yanks are buying our tightly held stock.
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