under 50ddy cents, page-76

Hi @Raeman, so if I'm reading you correctly, your $0.25 SP prediction is based on the ~30% dives in the likes of APT and ZIP (FFG is/was just a sideshow so I'm not going to consider them here)

Fair enough, but a few points on this:

1. That would imply a sudden turnaround in institutional appetite given the $50m CR done less than a month ago - something huge would have had to change their view for them to sell out at a loss in such a short timeframe.

2. A 30% selloff on IOU at current prices would take it down to the $0.33 mark - going all the way down to $0.25 is a fall of around 47%. On what basis? Market fear? We're already coasting through a NASDAQ sell-off and keeping stable, i.e. within spitting distance of the CR mark.

3. The sell-off in the likes of APT and ZIP is, IMO, a reflection of their massive market capitalizations which have been built around strong hype for huge future profits that are, as of now, still a long way in the distance. Here's a summary I did at the time of the IOU capital raise when I was deciding whether or not to enter, and at what price. As you can see, IOU is way down the page in terms of revenue and market capitalisation, and in fact it's already fallen a long way from when the CR was announced (MC: $315m) to today's close (MC: $261, and that based on an additional 100.9m shares being issued). See outline here:



With those points in view, $0.25 seems unnecessarily bearish to me. If it went down there on no news, I would be buying big and counting my lucky stars, as I think many on this forum would be as well.

Hey, I could be wrong, it does happen now and again (my wife likes to remind me), but IMO I can see only upside from here.

Cheers
mondy