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re: johnrap Hi Banker, let me clarify. What he said was that...

  1. 3,628 Posts.
    re: johnrap Hi Banker, let me clarify. What he said was that based on earnings of around $3m, and a PE of around 8-12, 7 cents is about the mark.

    He did not say "should be 7 cents" or anything like that. My apologies if I gave that impression. It was pure mathematics he was going on.
 
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