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Your calculation has one error. It ignores that the company, after the offering closes, has an additional $25 M in cash or a little more than .50 cents per share. So your 4.47 would be $5.00.
Sentiment: Strong Buy
The public shouldn't attempt financial analysis. Apparently it is beyond them.
F'n analyst are no better and you should always do your own DD before investing
Yes... you're right... I forgot to add back in the increase in the overall book value of the company after 1/24. That makes more sense and is probably why the stock price is where it is right now.