$5B not a nickel less ST, I usually agree with you.
However this time we must disagree, since $1-2B is not nearly aggressive enough.
Using your same percentages, with the BoD-stated goal of $2.50 starting price gives us:
839% = $20.97 approx ($4 Billion)
1678% = $41.95 approx ($8.1 Billion)
Now we're in the ballpark of reasonability.
Middle point of that ... around $6B ... is more palatable, given the magnitude of POET when held up to current dead-end silicon technology.
Consider for a moment, that -- even using the outdated Pelligrino math as a yardstick -- patent lifetime revenue for POET weighs in at $180 Billion (not counting the applicable sectors that Pelligrino chose not to include at the time). After-tax earnings ("profit") from that $180B likely works out somewhere around $75B.
75:1 (think inverse P/E) is truly improper.
$5B puts things at 15:1, which seems a more natural point.
As I've always opined, the starting point should be, "$5 Billion, and not a nickel less!"
GLTA,
R.
ST>If Opel sell the POET in it's entirity, for each $1B, we have a buy-out SP of approx $5.12 per unit.
$1B = $5.12 approx = 839% increase
$2B = $10.24 approx = 1678% increase
These types of returns within a year or so, are certainly not a complete and utter failure.
These types of returns are extraordinary and very rare to accomplish.