again, I wasn't disputing the P1 business model, as I agree if done correctly, can quickly amount to a $Bn market cap.
my point was, I can't see P1 listing off the bat with a $Bn market cap with nil cards distributed. agree there should be some 'potential' priced into the stock, but a $Bn or $2Bn ?
if P1 had a few million cards distributed and were awaiting the flick of the switch to generate revenue, then yes. but I understand that no cards have been distributed so struggle to give them valuations up in the $Bn's as tas47t claims.
GCN Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
