We will find a lot more on Monday when the company makes its announcement. The way I look at it, is as follows: Price before virus $2.00 Included in the price above, was an EPS for this year of around $0.20 Let's assume that with all the government subsidies etc, that the company breaks even this year. Let's assume that next year, things go back to normal. Then price should gradually (as conditions improve) start going back to $2.00-$0.20=$1.80 If you think the company will lose $0.05 per share, then make the target, $1.75 It all depends on your view of whether the world will go back to normal in 2021.... It is possible that the announcement on Monday could be a confusing one, pushing the price down, which could make a buying opportunity.
GEM Price at posting:
$1.08 Sentiment: Hold Disclosure: Held
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