it's not low based on market cap valuation. To hav
Post# of 85519
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Posted On: 07/07/2021 2:34:06 PM
it's not low based on market cap valuation. To have a valuation of 10-12$ you need a market cap of 20+billion. We don't know the market cap yet of the other companies. a 4$ pps requires a MC of approx 9B. we currently have a MC of 180M..so the math has to work out.
With that said; it's possible with media coverage hype, over valuation and exciting, hedge funds and mutual funds etc; who knows where this could run in the short term.
With that said; it's possible with media coverage hype, over valuation and exciting, hedge funds and mutual funds etc; who knows where this could run in the short term.
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