I would expect a $1 handle at the least. At $1, we would have a fully diluted market cap of around 200 million. This includes all the shares yet to be issued and the options. We should be on track for 20 mil revenue this year and the year after (FY2019) maybe 35 million (rough guess based on growth rates). At 5 times revenue multiple that would five us just about 200 million market cap. This is pretty conservative as I am not accounting for further possible deals in the crypto space or new income streams.
NOV Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
