onmyway, have been starting to think about similar questions but...

onmyway, have been starting to think about similar questions but from a market cap perspective.

1 billion immediate market. what market share do the top 20 hold? what do we think a reasonable conversion rate is? and then is 4.5 about the right revenue multiple?

not sure exactly where that might leave us but reckon it orders of magnitude bigger than 18 million.

yes a few questions in that in terms of ramp up rate, assumes underlying profitabilty (even if not now i expect once signed on demamd reasonably inelastic) and cashflow obviously a biggy.

absent from above is also parallel markets which i think someone also separately raised recently.

summary for me....... upside is potentially massive and cant believe that at 2.5c there arent more willing to have a punt.

gltah, dyor, and all that.

the w