At 60c, Smx MCap is valued at 1100 X Revenue (U$40000, A$55000)
Normally valuation is based on forward revenue. Reasonable multiples are 30-50X or even 100X (big blue sky) X Revenue ( in 12 mths time)
Can management or you advise us what is Smx forecast revevue in 12 months, or 24 months?
The tech looks interesting; i like to see how and when its can ramp up revenue to $400,000 or $800,000, in next 12 months, then current MC valuation will be 110 X, or 55 X forecast revenues, from 1100X.
$40,000 vs $400,0000 vs $800,000.
Best wishes to all holders. Watching, not holding. aimo