US high growth tech stocks average 6.5 times revenue.
so for 10k roame @A$543 is A$282mill times 6.5 is 1835 mill mcap.
and for 50k roame is A$1412 mill times 6.5 is 9177 mill mcap.
So for watches, 50k roame plus other .....maybe A$10billion mcap.
This is most optimistic case. IOT has marketed to a global market for buying products and shares.
For comparison lithium stock AJM has latest research target of 2 times projected revenue
and is trading at over one times projected revenue.
So at one times projected revenue the base foundation for IOT should be A$1412 mill mcap.
Have 15% portfolio weighting in this high growth tech stock.
IOT Price at posting:
10.3¢ Sentiment: Buy Disclosure: Held