Yeah if Apple buys it for 30B then SP is around $1,000I have...

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Bluemanarc

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05/09/24

15:13

Post #: 75545221
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Originally posted by jinxdog: ↑

My math's (stand to be corrected) prior to today, fully diluted shares on issue 30,141,957 plus 308,325 to Earth Mountain if they pay up.
So, assuming E.M. put up will be 30,450, 282 shares on issue round it up to 30.5 Mill
After today's announcement a further 713,495 shares and 1.29 Mill oppies equaling 2 Mill shares if all converted
Total fully diluted of 33.5 Mill shares on issue
Will need a further $10 mill min at some stage in my opinion, to advance to full production either by debt or further equity finance
Top 34 shareholders have 70% of shares on issue, so a free float of only 10 mill shares assuming most of those big holders are fairly sticky and will not dump at first rerate.
With a free float of this few shares, a successful demo and interest from big tech, I can see a hell of a scramble to accumulate a meaningful parcel.
$30/share = 1 Bill M Cap
$90/share = 3 Bill M Cap
$300/share = 10 Bill M Cap
Easily achievable with successful outcomes
(Dare to dream whilst still suspended)

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Yeah if Apple buys it for 30B then SP is around $1,000

I have quite a few but certainly wouldnt sell any for under $300 thats for sure.

And I cant see Fred letting the future of sound out of his grasp for a measly 10B.

Someone pointed out to me recently that with the advancement of AI and Robotics the uses of AP's chips are really unquantifiable at this point in time as many new markets will open up.

The current market is just the start really.

Last edited by Bluemanarc: Yesterday, 15:14

AKP Price at posting: $6.20 Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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