Hmmm, I did this quick chart earlier this morning, very back of...

Hmmm, I did this quick chart earlier this morning, very back of the envelope so it is very rough, and only for a indication of what might be possible but I have just looked at the buy volume and my head nearly exploded so this chart may be excessively conservative but thats my style so here goes.

Chart projection until friday before launch date.

Black trend line points to a channel between 23c and 25c and assumes:

• continues to trade within existing channels, with rallys and pullbacks as seen previously
• does not take into account announcements or anything else

Blue trend points to channel between 15-17c

• assumes modest rallys that are slightly smaller than the ones we have seen
• rally 1 x per week (around monday) in accordance with assumed announcement about pre-reg
• No assumption around launch or other announcements (not taking into account pre-launch excitement and fomo etc as its impossible to say)
• 50% pullback on each rally (which I think is very conservative and a bit pessimistic, but better to err on this side for projection)

so I definitely see 15-20c as feasible, and it is looking increasingly conservative as we would expect more northward growth prior to launch and 50% pullbacks are quite large estimates. Of course we have to take into account selling that will occur along the way, but IMO many will be holding until probably the largest SP catalyst in the near-term, the actual launch. It will be especially interesting to hear about conversion rate following launch, as then things become real dollars.

As a another indicator of potential growth, lets look at a great post by @Chrisp26 which I share below:



if we think about the 15c-20c share price range discussed earlier this morning by @SuzukiSamurai, we can see this translates to subscriber numbers in the range of around 200000-300000 (approx) which we can properly work out as a percentage as we hear back about pre-registrations perhaps closer to launch but if we assume 5 million subscribers, which I think is a very conservative estimate, this would be 4-6%. If we assume 10 million subscribers, which I think may be being a bit ambitious, but hey its nice to dream, it would be half this (2-3%).
So this gives us an idea of how the share prices matches up to subscriber numbers and the chart above, Thanks for your calculations @Chrisp26, really good to see it on 'paper'. I don't think it will be long before we can start discussing these numbers for real instead of in terms of projections.