why are you so obsessed with the 600% price rise? Surely the market cap has more relevance.
in a previous post, you commended the diligence, competence and intelligence of the management. now this same management has said they are expecting revenues of $200-$300m in the very short term.
now tell me, at your prediction of 3c , the market cap is about $8-$9m. Now do you know of a company on this earth that has a market cap of $8m and produces revenues of $200-300m??
even at profit margins of a measly 1% that is profit of $2m-$3m profit per annum.
a company with an $8m market cap producing $2-3m profit per annum (1% hypothetical margins!! mind you) is still giving a ROI of 25%-40% p.a and is STILL undervalued at a day and age where an online savings account only gives you 3.50%.
this is all using ridiculously low assumptions etc, but you get the point don't you? look at the market cap and potential income stream (finance 101), and not previous price rises (psychology 101).
