It's a shellacking in any man's language but it's not as if the systemic risk factor has just increased exponentially.
It's been done to death here and the coaster/napkin valuation is now well worn, but on a profit of $6m for the quarter (annualised to $24m) this is a current p/e of 7.5:1 assuming full dilution at 3.6b shares.
And yes, these figures are very, very ballpark.
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