i would somewhat agree that it presents a false picture by including oppies that havent been exercised, as well as omitting the 2M they would add from that exercise. However, SiliconValley shows us the company in a very conservative eye.
At present, i use the existing SOI and cash, which gives an MC of 4.15M, and if we say cash is 3.15M we get the EV of 1M, so, on a good deal, PM1 has oodles of room to stretch its legs..... a nudge back to 2c still only implies a 3M EV
geez, i have traded these a few times, and have been buying recently. When you return to a stock, you frequently overlook doing DD again, as you are already somewhat familiar, so, i was actually a bit surprised to type these numbers out......i hadnt realised how cheap it was. Had i have realised, i think my buys would have been much bigger
