RE:RE:$100/share?My calculations show NexTech AR Solutions will need about $150 million CAD in annual revenue if the SP is to reach the $100 CAD target. ZOOM is trading at about 70XS 2021 revenues but for this purpose I used 50XS 2021 for NexTech with fully dilutions of 75,000,000 shares and also I didn't into account hat NexTech will have over $21 million CAD in the bank. If using 70XS NexTech AR Solutions will only need $108 million CAD. 2021 revenue estimation is currently at $40 million CAD.
madhunky wrote: GreatGabbo wrote: Anyone else think this might hit $100/share?
I don't think that is too far fetched. Zoom is now trading at over $250 usd per share and Nextech has a lot more to offer than Zoom, so yeah, as far as I'm concerned it will, and more. We may be sputtering a little bit lately, but that'll change in the near future.
12GroundPounder the mathematician, who we haven't heard from lately, even predicted at one time it would hit $1300 a share. While I think that's as likely as me becoming the King of England, I believe that once we hit the big leagues of NASDAQ and the TSX, Zoom had better keep an eye on the rearview mirror because we'll be coming up fast and looking to blow their doors off as we pass. That's what i'm thinking anyway.