I'm not ramping up or down in saying this, but remember, GMV hit a Aus$400m MC not too long ago on no real substantive results.
IF (and this remains to be seen) it were to report very positively in the coming months, I wouldn't be too surprised if there were a significant re-rate in GMV.
No crazy projections, no basing this on what peer companies have done. Just basing this comment on past MC and the possibility of GMV returning some strong numbers, and I have no idea if this will eventuate......
GMV Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held