Well if the share price is where it should be we will never see Jim again.
How sad
When you are talking about future earnings there is a possibility that we could have a revenue of $800mill and 15% profit margin in a couple of years. And future earnings is what a company is valued on
Steve worked that out to be a $3 share price value based on the above scenario.
Adding onto that the NIHL and escrow and perhaps an agreement on the CA against us. What would happen to the share price then?
I am slightly disappointed that we did not make more ground today. I think investors want to jump in but are still hesitant.
The situation is that each bid will be met by a higher price. Who would sell at these prices?
The shorters must be worried. 22.5mil of them to be covered. It could be a massacre
If i were you I would start get moving. wink wink
All my opinion.