Valuing QNCs PatentsThere was that PR saying a third party company specializing in quantum tech valued the patents at a top end of $3.435 Billion USD. It's still up so the exchange must consider it valid PR or else the company would have had to remove it. I did a rough calculation of QNCs worth per share using each valuation the third party gave the patents.
1. Lowest $1.580 Billion USD converted to $2 Billion CAD cut in half to $1 Billion CAD divided by shares outstanding
$1,000,000,000/112,777,838
Value: $8.86/Share
2. Low $1,580 Billion USD converted to $2 Billion CAD divided by shares outstanding
$2,000,0000,000/112,777,838
Value: $17.73/Share
3. Mean $2.5 Billion USD converted to $3.20 Billion CAD divided by shares outstanding
$3,200,000,000/112,777,838
Value $28.37/Share
4. High $3.435 Billion USD coverted to $4.4 Billion CAD divided by shares outstanding
$4,400,000,000/112,777,838
Value $39.01/Share
There was some assumptions in the PR like the QRNG market reaching $14 Billion by 2030 with a CAGR of 60% and QNC's tech being cutting edge and ahead of most competition.
Does anymore agree/disagree with my valuations?
I'm in for 15k at $0.175 wishing it goes lower so I can add more. I'm thinking it might go to $0.10 if it hits a Death Cross in the next few days but I don't see it going much lower than that. Assuming the product hits sales in Q1 2022 I see it going higher if the company starts reporting revenue from sales in their Q1 Earnings report. If it doesn't go much lower than current SP I probably will buy more as if it goes anywhere near even the lowest valuation at $0.175 the shares are a steal.