Based on revenue and growth I think that’s a reasonable share price forecast. Peer companies like Adyen have a P/E ratio over 50. The next couple of quarters will be telling to see if the growth has momentum. They’re only operating in the UK and Europe and only scratching the surface. It’s a big World and a launch into the Americas is imminent. However, deferring a listing for another 12 months ( if that’s what you were saying) would be a stake in the financial heart to shareholders who have been locked up now coming 5 years. Shareholders need liquidity.
SP1 Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
