RE:RE:SmarterSquirrel.com - Does FIRE have 439% upside?curious to know what the 10x is based on? What is your analysis? Based on future tonnes per year of 65.9t for FIRE, an assumed sales margin of $4.74 per gram, and an assumed 11 multiple of price to gross profit based on the ratio that Altria trades at currently, that gives FIRE a market cap of $3.4B, compared to it's current market cap of about $636M, that's a gain potential of 439%.
But if you have an assessment that leads you to believe there is 1000% gain potential, then I'm curious to know what that assessment is.