As the risk of success of a company decreases so does the potential upside. The share price increase over the past couple of months from a (brief) low of 0.6c has already increased to 1c and the risk decreased as announcements have been made. A market cap of $100M by the end of the year sounds achievable. The low at 0.6c was around $10.5M... so a 10 bagger (of the market cap) to $100M. The unknown is the funds required to tie us over till we are cash flow positive. Just say we raise $2M at 1c to pull the current market cap to $20M (share price 1c). That leaves a 5 bagger (from the current 1c share price) to $100M market cap.
As we discuss the potential for a 10 bagger and how it is / is not plausible (influenced by future raisings), I'm thinking to myself - 10 bagger, 5 bagger, 2 bagger... 1 bagger. Anyway you look at this it is a significant increase in share price from where it is now. I would be happy to find a company that is likely to at least double over the next few of months... and it looks like we have
AUL Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held