market cap is only 360 million

Potential upside is huge at the moment with a market capitalisation of only $360 million, this could easily run to 25c in a matter of days without even an announcement of any capital raisings, off take agreements. Considering it had a takeover offer of around 40c a couple of months ago, the only reason the price is so cheap at the moment is because so many traders lost money because of a dodgy deal. Considering the market is at 5 year highs, positive sentiment is a lagging factor which only returns after the market has already risen and therefore I can see this going much higher in the next few weeks. There is not much downside, even if there is a dump it may only go as low as 10.5 cents. Anyone agree?