Re: Commercial Applicability - final price?
in response to
by
posted on
Apr 15, 2015 05:04PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
It is just a gut feeling of mine but I but there is a phrase that I have heard over time when the brass are settling on a price and it is " we took the best price we could get owing to our perceived value and market conditions."
I would have you consider the underlined. It's a great way to say that we couldn't really get what you would like us to have because the market wouldn't bear it. Now consider having 5 million shares and getting $7, netting you $35,000,000. I'd say that would be pretty good, wouldn't you? I also consider market conditions and that no one is willing to pay any more than they have to. I have a hard time seeing us get more than $10 given the price we're being held at. But given our share structure and the seeming multiple interest in our stock, it should do better. Better than $20? Who knows?...... but I'd be surprised at more than $15. It's impossible to know. It's hard to see any stock these days getting fair value. But we'll hold out for it if we can.