Yes it does, its easily worth 12c for Aus/NZ markets alone. We're asking ourselves if commercialisation and mass take up, could it be worth a $90mill marketcap for POH? In other words, using a very, very conservative PE of 10, could it be worth a profit of $9mill per year for POH? Of course it can.
mak, the beauty of your analysis is you can come up with any value you like, your only constraints are to the extent to which you can extrapolate ever more positive outcomes.
That's all well and good, but you should also be prepared for periodic disappointment when the reality of results announcements clash with overly optimistic expectations.
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