Mycontracts----
For EBET to get to 30 cents it would need a profit of $3 million a year.
200,000,000 shares @ 30 cents = $60,000,000.00
on a P/E of say 20 profit must be $3,000,000.00.
Since they lost $5.1 million in 2003, $858k in 2004 and they anticipate $1 million EBITDA from the Native American casinos I really can't see them making $3 million. They may break even at the best.
That is my personal opinion do your own research.
Syringe you better remove this before Meryll Lynch sees it.
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