Understood it is light humour.
I have been thinking about what might transpire by Dec 2017 (not this year). They will need a massive revenue stream by end year 2, and for investors to see that they could take a sizeable chunk of the IOT market thereafter (greater than 5% in year 2 to 3) to hit a $ 2 valuation by Dec 2017 IMO.
1% - 2% share of that market will be a very very very good effort by end year 3 IMO so my best prediction in two years (given this year's revenue will not be high, possibly next years been only fair) is 50 cents by end December 2017. At $2 looking at a market cap of around $4.5 billion, as all oppies will be converted on that price, so at 50 c means market cap of $1.1 billion. More likely 30c IMO (which is still a bloody good return) ($660 million market cap) by end December 2017. The only other way to hit $2 is consolidation IMO, which I doubt will happen in the near term.
Will be very happy to be proven wrong (please please prove me wrong) as at $2 I will be drinking VB (still a bogan at heart) whilst driving a Chevy on Route 66 whilst enjoying retirement 10 years before I thought I would retire.
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Last
7.1¢ |
Change
0.001(1.43%) |
Mkt cap ! $1.917M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 7.1¢ | $25 | 348 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29911 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 182500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29911 | 0.070 |
1 | 100000 | 0.069 |
3 | 15100 | 0.063 |
2 | 180000 | 0.060 |
1 | 86000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 182500 | 1 |
0.088 | 104574 | 1 |
0.089 | 200 | 1 |
0.090 | 150 | 1 |
0.095 | 1524 | 1 |
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