More to the point, what would 100 million mobile subscribers within one year be worth approximately?
I'll give this one a go - I already did actually, in a previous post!
• Freeway - $1-$4 per app download, in app purchase %, cut from the telco, cut from the advertiser – 100,000,000 mobile subscribers before performance milestone 1 shares come into it - and if each subscriber downloads just 1 app per year =
$300 Million per year not counting the fact that new apps/games will be added to the Syntonic list – lots of zeros. Now you could argue that no one will buy in app purchases and every download only costs $1 - then worst case scenario is
$100 Million per year
http://hotcopper.com.au/posts/18327095/single
Now the PE (price earnings) is normally calculated at a factor of 10-20 of revenue, so 300 mill * 10 = $3 billion or $1.50 share price
This is not meant to up ramp at all - purely my own conservative estimation of freeway subscribers when we get to 100 million subscribers - and this does not even count dataflex users!
This is all my opinion - do your own research!