OAK 1.43% 7.1¢ oakridge international limited

XPE General Topics, page-1007

  1. 9,086 Posts.
    lightbulb Created with Sketch. 17573
    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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