$25 sp is a good estimate (However)If you take sah1's high estimate of 500M and add 100M for voucher i.e. 600M and divide by current shares outstanding of 23.63M you end up with a SP of $25.39.
However, this assumes their is absolutely zero dilution between now and crossing the finish line. I find that to be highly unlikely. Anyone who bought shares of this dumpster fire on the no news or Covid plasma spikes between $23-$43 will be very lucky to break even imo. Anybody lucky enough to sell on those spikes congratulations I think you did well.
For all those previously claiming $50 to $100 sp by the EOY keep smoking your crack pipe.If everything goes absolutely perfect you "might" see sustained $25 -$35 SP by EOY 2021.
TV will likely manage to keep the wheels from falling off the train to keep it moving but imo there won't be a lot of real value for retail shareholders left by the time they reach the station and the opportunity cost of tying money up with this ship of fools vs other missed investment opportunities needs to be factored in to the equation as well.
GLTA