I suspect that the SP could return to 10-15c in the next 2 months on the basis of:
- Another strong quarterly to close out the calendar year.
- A great annual report with shareholder update, and,
- Resumption of the share buy back.
Then through the course of 2023 I would add in the following factors:
- The potential for inflation to be corralled and the market sentiment to trend positive
- The potential for the Web3 and Crypto sector to regain momentum and hype
- The potential for the gaming technology sector to turn bullish
- Added revenue that comes in the form of work-for-hire and contracts
- Added revenue from the Froyo deal - pursuant to 2.
- Added revenue from the successful launch and distribution of major games with unfathomable reach, particularly in SEA
- The brand hype and investor interest garnered from the new games and platforms in market
If our annualised run rate of revenue is $40m today, what will it be in 12 months time if 3 or 4 or 5 of the above factors are impactful. $100m?
@FingerLicking Bless your good work here as usual. Although your calculations for SP are rational, and I am too often seeing share prices telling a different story to the fundamentals, for better or worse.
So for good reasons, but reasons hard to justify on a spreadsheet today, I'm going to predict that we achieve a $400m market cap in 52 weeks. If it happens, it will more than likely jump up quickly in a couple of bursts because as we know share prices typically rise fast and fall slow.
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $32.27M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $53.93K | 2.527M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 174157 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 174157 | 0.021 |
5 | 815959 | 0.020 |
2 | 710315 | 0.019 |
3 | 510000 | 0.018 |
3 | 500000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 50000 | 1 |
0.024 | 122201 | 1 |
0.025 | 300000 | 1 |
0.027 | 299999 | 1 |
0.028 | 35642 | 1 |
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