Re: 45 days OC
posted on
Apr 17, 2017 04:26PM
Try this OC.
300 million shares and 1.4 Billion in earnings = $4.66 per share (earnings) x P/E 15 = $70 share price
450 million shares and 2 Billion in earnings = $4.66 per share (earnings) x P/E 15 = $70 share price
Because it is a tech stock it could trade at much higher P/E when it gets on the Nasdaq.