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Dec 2021 Price Target, page-5

  1. 603 Posts.
    lightbulb Created with Sketch. 453
    Welcome to the forum.

    I don't think your math quite stacks up or you are running with a few different assumptions to the rest of us on here.

    For a market cap of $300m and a share price of 15-20 cents are you assuming the merger with Appstablishment does not go ahead? If that is one of your key assumptions I don't think we'll see a share price of 15-20 cents as management has been pretty direct with how important the merger is for the success of the company.

    Post merger a market cap of $300m would mean a share price of 11-12 cents.

    Interested to know how you came to a market cap of $300m?


 
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