"the share price is 3 cents, we think it is worth 12"
Based on budget, not on facts to date.
What discount do we apply for credibility and the fact that it's nothing but words on Powerpoint?"?
3 cents sounds high based on incineration of cash and value to date.
Pity the new CEO..the temporary one has set him up to fail with goals like this.
There's no way turnaround can happen that fast.There's a whole infrastructure of people and attitudes to turn around.
The business they are forecasting to provide this turnaround has been going backwards since acquisition...half the size now.
Good luck!
"the share price is 3 cents, we think it is worth 12"Based on...
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Mkt cap ! $17.59M | |||
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