10m @ $0.20? Who's getting that free ride?
Shall we assume they generate $1m in Profit the first year- extreme but lets assume it kicks backside. And ignore the depreciation there. Anyway, so $1m/ $140m = a P/E of.......
Alternatively, lets say the market wants to rate this about a 7x, but hey, its IT, so lets make it 25 times earnings. Does that suggest it will trade around 17 cents? (seriously, don't do the math, its not worth it)
So uh, tell me more about that Shark oh Destroyer of Stars
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