While the sort of valuation contemplates by
@wombat777 in the post above is within the realms of possibility, it would require everything to go exactly right over a sustained period of time. There is value is modelling such a best case scenario, just as there is in modelling the worst case scenario, but keep in mind that such extreme models are very unlikely.
More importantly, we have had a range of valuation models shared by people here on HC (MST,
@wombat777,
@Titans19 and
@Mason14) all using different approaches and assumptions. Investors and potential investors should study them, check the assumptions (and the maths), and come to their own idea about value.
Slightly off topic, I wish all the stocks I am invested in attracted so many people willing to share their research, valuation models and assumptions. Instead of the endless flamewars found on most company threads on HC, the threads on RAC are an oasis of research and genuine discussion. Thank you all.
(20min delay)