Hows that ACMR working out for you
Quote:
Originally Posted by
Baa_Baa
Not sure about the maths there Cobber, my calc's are nowhere near double target SP for the desired market cap.
(67,244,449 + 14,705,882 = 81,950,331) / $0.48810053 = 40m
say $0.49 = 40% increase on current SP at $0.35
Not such a high bar after all. Been there before a few times.
Might be a high bar Baa Baa barring some new residue announcements.
Market cap follows revenue/profit/whim,
Share price follows RPS/EPS/WPS (with apologies to Steve Fleming)
Best Wishes
Paper Tiger
R/E/W[ps]=Revenue/Earnings/Whim [per share]