Share price for PTSC
posted on
Sep 18, 2013 02:30PM
People are suggesting PTSC would ultimately get about 1/3 of any settlement, after TPL and Agility have had their bites.
So a $12M settlement would yield $4M to PTSC, which is close enough to 1c per share. It's an easy calc to make - just divide the 'xxx' of $xxxM by 12 to get the number of cents for PTSC stock value to rise based on net cash value. $12M > 1c, 48M > 4c, $120M > 10c, $1.2B > $1.00!! VERY approximately and treating taxes as "noise". More accurate attempts welcomed!