Hi Al101,
Yep, breakeven with current capital is a good start.
That's about where PNV is and it's got a ~$1.5b market cap.
If IPD achieves that and was only half their market cap, that's a 4 bagger and 9 times if it equals their market cap.
But they have to execute and achieve this. But yes if they get there that's a good start and I would be happy, but clearly still wanting more.
Ann: Investor Presentation, page-46
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