PSY Market Cap is very cheap at 43 million. Compare to same technology sector:
MBE MC = $60 million
MNW MC = $100 million
MKB MC = $148 million
ADJ MC = $100 million
PSY with bleeding edge MEMS technology that will potentially be in absolutely every gagdget in all sectors in a global market has amazing potential. It is really hard to value this technology. At $1 share price, this would attribute value of 450 million.
If we were listed in the US nasdaq we could have secured a deal a long time ago and be worth at least $300 million for the potential alone where the global investors understand the techonology more.
That said I wouldnt be surprised if there were big global funds and instos buying into PSY.
sobering stuff, page-4
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Mkt cap ! $2.796M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 700099 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 613427 | 3 |
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