based on the june 9th deal ***only*** imo we are looking at 80 cents to $1.50 value per share.
Approx 9 million in IP to their bottom line.
ie:
Gross sales year 1 $23,000,000
No.of shares on issue 177,000,00
PE 8
Share Price approx $1.04
Year 2 $50,000,000 even better.
Other contracts associated with this UK deal re: worldwide rollout??????
Plenty more speculation on valuations to come on this one.
Remember this is one deal of many to come of this calibre.
We rose from 22 cents to 35 on the consensus how much more so for the real deal?
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