Hahaha......just had to check it wasnt 1 April but then maybe...

Hahaha......just had to check it wasnt 1 April but then maybe the circus is in town.

Its a business with revenue of $40m per year. It has over $120m of revenue already locked in for the next 5 years. That is firm contracted revenue and not just revenue forecast like most companies. It has more than a couple mil in cash in the bank with no debt.

The equivalent talking up statement would be to say its a $60m company worth $1.8bn - using your factor of 30. Obviously its not worth that - its worth $60m today according to the market. Not $1.8bn and not $2m.