Dolci
Regular
..........what garbage are you posting on here now, $3 a share, it would be nice if they would sell some IP licenses instead, not just rattle on like a rat in the cupboard...If we were taken over for $3 per share.
Assuming we as a growth company are deserving of a PE of 30 that assumes an Earning per share of 10 cents per share.
So for $3 per share the buyer would be paying for net earnings of $200 million.
Sean is on record stating that IP licence model has circa 90% net margin.
If that is the case the buyer would be paying for a revenue of circa $222mill pa.
Given our prospects as global industry leader we probably would expect more than $222mill revenue pa.
I expect then that the BOD probably would have a 'thumbs down' for $3 a share.