I suspect that the SP could return to 10-15c in the next 2 months on the basis of:
- Another strong quarterly to close out the calendar year.
- A great annual report with shareholder update, and,
- Resumption of the share buy back.
Then through the course of 2023 I would add in the following factors:
- The potential for inflation to be corralled and the market sentiment to trend positive
- The potential for the Web3 and Crypto sector to regain momentum and hype
- The potential for the gaming technology sector to turn bullish
- Added revenue that comes in the form of work-for-hire and contracts
- Added revenue from the Froyo deal - pursuant to 2.
- Added revenue from the successful launch and distribution of major games with unfathomable reach, particularly in SEA
- The brand hype and investor interest garnered from the new games and platforms in market
If our annualised run rate of revenue is $40m today, what will it be in 12 months time if 3 or 4 or 5 of the above factors are impactful. $100m?
@FingerLicking Bless your good work here as usual. Although your calculations for SP are rational, and I am too often seeing share prices telling a different story to the fundamentals, for better or worse.
So for good reasons, but reasons hard to justify on a spreadsheet today, I'm going to predict that we achieve a $400m market cap in 52 weeks. If it happens, it will more than likely jump up quickly in a couple of bursts because as we know share prices typically rise fast and fall slow.
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Mkt cap ! $32.27M |
Open | High | Low | Value | Volume |
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5 | 740959 | 0.020 |
1 | 526315 | 0.019 |
3 | 510000 | 0.018 |
2 | 350000 | 0.017 |
Price($) | Vol. | No. |
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0.025 | 351565 | 2 |
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