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AESO - pe ratio should be lower?

Posted: Sat May 09, 2009 7:05 pm
by yagart
Atlantic Energy Solutions, AESO, news release says new $12 million dollar contract, so why has not the pe ratio gone down even more? They only did $7.8 million dollars last year so with existng contract plus $12 million dollars more for the growing penny company, why is not the pe ratio down more? I don't get it. See:

Please advise. Thank you.


Posted: Tue May 12, 2009 1:45 pm
by nzbryant
This is a mechanical trading forum. Why are you asking "why"?