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Message: Re: PE - what this means
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Feb 17, 2015 09:43AM
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Feb 17, 2015 10:00AM

I'm sure I've heard the current burn rate is around $500k monthly. A conservative future estimate may double that to $1m or $12m annually. Therefore:

40m revenue - 12m cost = 28m earnings * PE 60 = $1680m / 230m shares = $7.3 / share

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Feb 17, 2015 10:21AM
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Feb 17, 2015 10:54AM
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