With good newsflow and before the re-listing I wouldn't be suprised to see it in the teens or even low 20s
Tech firms that are regarded as potential leaders in their field have a habit of ignoring commonly regarded multiples ... just going up regardless.
I think our CEO is doing a great job of positioning Xped to be such a leader in the IoT space.
How many smartphones are there in China - that is smart phones not mobile phones - well have a look below and drool (good idea to have tissues handy) and how many are forecast for the asia pac region by end of 2016 ... drool some more (see why I mentioned tissues).
Great news for an IoT firm with Chinese patents in the IoT smartphone space.
EB
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Ann: Xped Granted Lucrative Patent in China, page-182
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