Value Target for RSH $1.50, page-4

Nice work Diamo, you have found a way to quantify the upside, which is clearly significant.

Could also use a more conservative SaaS recurring revenue multiple of 5, and increase the target market penetration to 0.5% - either way, it gives the same $840m (or $1.52 per share) valuation.

On top of the $840m SaaS based valuation, I assume RSH are not far away from providing some wheezo device production details that may allow us to work out a rough likely margin when producing/selling at scale.

Always difficult to guess when and what magnitude the market will re-rate emerging companies, but as more components of the strategy are executed and announced, it's not difficult to see we will be significantly higher than 7.4c.