Can someone please check my calculations.
The potential revenue on subscriptions from Miggster are many multiples of current market capitalisation of EM1 at $85m
AUD$12 per month. AUD$56 Half Yearly or AUD$80 Yearly (discounted)
1 million subscribers adoption then $80 x 1m = $80m in potential revenue p.a
2 million subscribers adoption then $80 x 2m = $160m in potential revenue p.a
5 million subscribers adoption then $80 x 5m = $400m in potential revenue p.a
10 million subscribers adoption then $80 x 10m = $800m in potential revenue p.a
Its a pretty significant and commercial aspect if they can achieve this sort of scale.
Huge numbers should close valuation gap northwards and should move heavily today
The market has sort of missed this analysis
10 Cent on the horizon, page-2995
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