Thanks Arj. I have no idea where the 2 cents came from. It wasn't my prediction. As you said, the current MC and the current SP can both be multiplied out to whatever you want. I thought $200M was a fair prediction for the short term (maybe 12 to 18 months) given the fairly good progress over the past 12 months. But long term i thought no less than $750M which is more than 10 times the present price, or 65+- cents. Our product has quality, quantity and an (apparent) line up of customers. We have enough cash it seems, to fund remaining development costs. Where is the downside? Why would $750M be an unrealistic MC in a year or 2? Why is the price allowed to slumber at 6.5 when almost 2 years ago, when we were not as well placed, the SP was almost double at 12.7. NRO had a head ache and i might have had 1 too many Bundys but why is GGG so depressed?
GGG Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held