Surely this is on its way to $1.00 within the next month,if you look at sp movements and volumes. However,it should spike to 75, then back to 60, up to 1.00, then retrace to 85, then holding pattern for a while, before an eventual big jump to 1.50 and beyond.
Tolhurst surely couldn't just pick the 1.98 valuation out of thin air.