RE:RE:RE:RE:RE:This is why it poppedActually, you make a very good point.
For smaller, potentially high growth, high margin, recurring revenue SAAS companies in particular, but also for all high potential future growth tech companies in general, the market lately has been anticipating several years' worth of revenue and earnings and incorporating them into current stock prices. It seems I'm bumping into a great many of these each week. In fact, I can't recall finding anything that is being valued by the market in the conventional way.
Right now, historical data is basically irrelevant, and one-year projections aren't much better. People are crystal balling what the future will look like and rewarding well positioned companies accordingly.
If Reliq meets the projections of its corporate presentation, then it should be able to take advantage of the huge growth industry it's in. Time will tell, of course, but Reliq is in the right space at the right time.
SupremeNed wrote: Why is it unrealistic? Is tesla share price realistic? Valuations are important ofcourse but are not always a deciding factor