How remiss of me JJ. So sorry to present such ludicrous material to you and others. Allow me to dumb it down a little so you won’t be so alarmed and offended:
Google tells me that the number of smartphone users in the world will be about 2.32B by the end of this year.
If Syntonic can capture just 12.5% of them as customers they would have 290m customers.
290m is just a little more than half the smartphone users in India and Latin America combined – not totally unrealistic when you consider that there are another 1.76B users elsewhere in the world.
If payments to SYT varied from $10 to zilch per customer pa. the average could be around $5 pa per customer.
290m x $5 = $1.45B pa potential revenue for SYT
Expenses appear relatively low for SYT so let’s allow tax and other outgoings of around 50% leaving $725m profit.
$725m x PE of say 20 gives a MC of $14.5B $14.5B divided by 2.5B (the number of shares) gives a Share Price towards $6
Which represents a 200 bagger from today’s close of 3c.
All IMO and always happy to be corrected, especially with some constructive comment rather than emotional claptrap.
SYT Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held