Something tells me buying in the 2c range is over. I will use round numbers that arent exact so you can understand.
The $4b valuation comes from a simple 10x revenue valuation,which is often used in tech stocks, heck some are 100x rev
I anticipate $400 mil revenue p.a which is made up of 4 mil subs spending $100 per year about 1 Bill shares on issue. Simple maths really. I actually think the valuation could be even more if the NFT's and metaverse kick off after all these games can sell digital land.
$4 per share is my estimate, only time will tell
Equals about a $4b valuation, thats right they currently trading in my opinion undervalued at a $28mil valuation
Ann: Response to ASX Query, page-46
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Mkt cap ! $8.054M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2833808 | 5 |
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