And as many pointed out, it's not viable for banks at all on a cost of capital basis. Also you previously touched on PE multiples above but enlighten us: how does one use a PE multiple? would you expect a higher PE multiple for a company going through a high growth phase that is far off from maturity relative to say a group of mature companies? Is it useful when a universe of peers are difficult to identify? how have you addressed any of these points and considering you hadn't at all how can we take you seriously?
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$1.85 |
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6 | 127482 | 1.830 |
5 | 19904 | 1.825 |
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3 | 326228 | 1.815 |
Price($) | Vol. | No. |
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1.850 | 49440 | 14 |
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