Can you answer me as to how you get to the analysis that DOU will reach $1 when it launches in AU ?
Simple back of the coaster math says otherwise.
DOU is currently priced at 8c when operating in the US market. DOU is set to launch in Australia in H1 CY22, lets say by that time DOU has bagged 3 times from here and is sitting at 24c
DOU target market is 20-35yo, but for the sake of argument lets call it 20-44yo
if DOU is 8c now, and 24c by the time it launches in AU. If it has only achieved a share price of 24c in a region with a TAM of roughly 100million. How the hell is moving to AU with a TAM of roughly 7million going to make another 4 bags from there ? Considering when share price for a startup app is a direct reflection of Monthly Active Users
Everybody who is waiting for the AU launch with baited breath is waiting for the wrong thing. The US Market is well and truly our best chance at multiple bags from here. They get that right (which they have the potential too) then we are sitting pretty
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