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02/04/18
14:32
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Originally posted by ibs8.s
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30-40 cents make it a 300-350 million dollar company. For the turnover it does, for the technology it has, the price of its patented software and research, for its expansion globally, for the government subsidies and the list goes on it should be worth more than that. Give you three examples so I can prove you wrong. 1. BUBs market cap 350 million and revenues 1.7 million a quarter 2. WHA market cap 380 million and revenues 600k a quarter These companies are not patented, are not global and don't receive government subsidies, they don't have products that are in overwhelming demand, can be easily duplicated and have a ton of competition. But yes it's laughable. Please don't post garbage and put down other posters while you haven't done your research into reasonings for market cap. Like I said 2 weeks
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Fair points
I guess if we were already up around 20c ...where i think we should be right now ...the jump to 30-40c doesnt seem so much