OTCQB:GMSQF - Post Discussion
Post by
foundalpha on Jul 01, 2021 12:37am
Near term target price of $0.85
Here's a quick and dirty revenue multiple comp to EGLX (which I am loaded up on) I performed to understand where GSQ could move to in the near term. Granted, EGLX is one of the premier companies in the space, much larger market cap, NASDAQ listing, good analyst coverage. However, GSQ certainly looks to be moving in the same direction. I think this stock can move at least another 40% without any additional news. I don't recall if there is formal analyst coverage on GSQ. If there is, I'm interested in the metrics they use and new target prices.
| GSQ basic share count with NextGen | 198,505,000 |
| Financing $17m @ $0.40 | 42,500,000 |
| | 241,005,000 |
| | |
| 2022 revenue per Dallas Morning News | $ 28,000,000 |
| | |
| GSQ basic market cap @ $0.59 | $ 142,192,950 |
| GSQ implied revenue multiple | 5.08 |
| | |
| EGLX 2021 revenue estimate | $ 130,000,000 |
| EGLX basic market cap | $ 930,000,000 |
| EGLX implied revenue multiple | 7.15 |
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