Jun. 27 at 4:37 PM
$VMAR I’ve been charting out the upper ascending red trend since before the tariff scare with warrant pump and sell off when Trump was beefing with Canada prior to liberation day.
Now that we have some figures from the acquisition, Napkin math tells me the boat dealership business should be worth roughly
$30-50MM based on similar businesses valued with 0.5x revenue multiple based on a low margin retail business.
Interestingly,
$50MM combined value with 1.3m shares we are looking at a share price in the
$30 range…right at this red trend line. I want to see a rush toward this line, not all the way to
$30 but high
$10S maybe
$20S
