Ann: FY22 Q2 Quarterly Activities Report and Appendix 4C, page-214

15c would still be considered cheap.

hypothetically if we round up to say $70 mil ARR by June 30th, 15 cents would represent 2 x ARR market cap.

SaaS approximate to 5 x ARR valuation generally. At $70 mill ARR we should essentially be looking at a valuation of minimum 37 cents.

it’s not uncommon for SaaS companies to garner valuations x10 ARR. At 70 mill ARR and x 10 ARR, we would be sitting at $700 mil valuation, or 74 cents. Less than a year prior to Covid we hit 59 cents. It’s not implausible to reach again.

DYOR