My thoughts re $3-$4 is based on the valuation of 1PG.
They have little or no revenue after nearly 12 months on the market (that is for a $700-800M valuation).
RFN has line of site to significant revenue and when they enter the Asian markets and US market I believe the SP will rise significantly.
A $4 SP for RFN would only equate to a $400M valuation vs $800M for 1PG.
You tell me; on what basis 1PG is trading on such a high valuation, I don't get it.
Anyway, RFN looking good, and who knows where it may end up!
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My thoughts re $3-$4 is based on the valuation of 1PG. They have...
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