Note that they just reported OCTOBER gains,
not NOVEMBER yet, which makes sense as they probably
don't have the full accounting.
They reported 3,8% net hold,
which seems a reasonable claim to me.
If we assume a 10% growth per month,
which I don't think is impossible, but rather
pessimistic,
here is what we get
as cumulated net for the next 12 months starting with October:
10/98 86,129.5
11/98 180,872
12/98 285,089
01/99 399,727
02/99 525,829
03/99 664,542
04/99 817,126
05/99 984,968
06/99 1,169,590
07/99 1,372,680
08/99 1,596,080
09/99 1,841,820
1,841,820
What do you think would be the share price, then ?
:)
Archie
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