No - you are right. let's be optimistic but realistic. Market Cap is still highly relevant.
What that info shows is we are on good track. Zip is currently approx 26x higher M/C than IOU. If you think IOU can be as big as Zip than I'd be expecting to match that, which would mean an approx $5-6 share price. If we think bigger, that's even better!
Its incorrect to assume SP will follow the same path given that the worlds different. A lot of the growth shown in Zip is because BNPL wasn't the current buzz back then. It is now. So even though IOU is at a similar stage of company, it's SP position isn't necessarily the same.
No - you are right. let's be optimistic but realistic....
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $17.03M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.4¢ | $252.5K | 16.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2187714 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 433613 | 3 |
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