Yoda try lightsaber stab in dark. DYOR. But first notice CGA now...

Yoda try lightsaber stab in dark. DYOR.
But first notice CGA now trading sub one dollar.
CGA no profit, no dividend. Try simple metric like market cap/ fum of 1% to 3%.
Depending on fum retail and sticky, or wholesale and skittish.
Half of CGA fum in insto mandates. Overall performance across all strategies from micro to large cap , nothing to shout about.
Also, the more strategies CGA offer, the more the cost base. Micro manager cannot be PM for large cap or fixed interest,for example.
Use 1.5%?
Assume fum doubles to $1.5 billion in 3 years.
That equals $22.5m market cap or slightly more than 50c.
All roads lead to one conclusion.
Less than ipo issue price.