Ann: ME1 Q1 FY24 Revenue, page-77

Even ignoring inevitable dilution, a share price of $1 would require the company's market cap to be the best part of one billion dollars (or an extreme consolidation which would make the price meaningless).

This is clearly completely impossible.

You can pluck random lofty figures out of the air, but if they are completely beyond the realms of plausibility for the company, it's just silly.

It is surprising that this company has lasted so long, but of course it has consistently destroyed the wealth of anyone choosing to hold long term. Being realistic, this company is unlikely to last much longer, but if it does manage, it will continue to play the same game of seeking external funds, burning them (largely by channelling those funds into the pockets of those on the payroll), and ongoingly deflating the share price/shareholder value. To continue to exist for much longer would require another share consolidation just shortly after the last one. Continued existence for much longer is unlikely, but $1 (or 10c) is utterly beyond possible, and even 1c isn't really plausible.