Well, this takes into account some assumptions
If we assume the share count will be in the range of 15-16mm shares, and we assume 160 mm in revenues (40mm x 4 q), then 1x would be about $10/share and 1.5x would be about $15.
I agree that sounds a little high, but this is just speculation on my part based on past buyouts of Dymatize and Optimum, which I believe were a little higher than 1.5x.
Personally, I would be happy to get $7 today.
I am expecting and praying for a buyout as well, preferably by a large corporation for all cash.
I think this has been Drexler's plan all along, and the only reason I stay in this stock.
Even 1-1.5x sales would be a significant payday
I agree, hopefully it is not too late.
He should have done this years ago....