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If Ominto Was A Private Company It Would Be Worth A Fraction Of Its Current Price
Article By: White Diamond Research
Wednesday, April 12, 2017 10:49 AM EDT
For the past four years, Ominot has had miniscule to no growth, only about $20 million per year in revenues, and loses about $10 million per year. We estimate Ominto’s value to be $1-$2 per share, for an eventual 90% decline.
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