I understood your point on MC and was simplifying my thinking.
To be clear stocks like PLP which have something and they don't even have a $130 million market cap (and they are doing something - an example) as well as DKO (who is located close to PLS to boot). I also hold SEG and don't think nearology will significantly increase MC there either . Our MC at $130 million, will be half of AJM and they are doing something as well, hence my sceptism here at the concept that nearology will derive MC above $100 million. I am intending to go long here, so the only way I see our MC anywhere above $200 million is if we find something - as a short term investment strategy there might be a little benefit from nearology which I stated in a previous post - but not of the scale you envisage IMO - but long term it is finding LCT that counts to MC and SP. If you are correct I will eat humble pie very happily however.
MPJ Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held