Going back to the Sept Qtrly announcement, they're expecting...

Going back to the Sept Qtrly announcement, they're expecting cash flow to be around +$2.2M in Q4. Now they've always been above their forecasts, but let's assume they track to forecast.

Take the worse case scenario, assuming no further growth at all, full year cash flow will be approx $9.0M

Assume a conservative price / cashflow ratio of 10, looking at approx MC of $90M by July - or ~70c

NOTE: Not that I wouldn't be happy with your target pods - I think it's still undervalued