Fully Agree with this... At 400m issued shares after the deal is finalized we'd need 120m market cap just to reach 30c, which by May could be a stretch.
One thing I will give is that 1PG and RFN are not profitable either and have quite significant losses tbh, they have reached market caps of 500m and 150m (albiet currently only 30m) respectively. If TSP can be comparable to those companies in terms of revenue etc, which they seem to say they are ahead of RFN, there is still a chance.
SP1 Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held