Future ProspectsLots of discussion of price post multiple split....you can dwell on your mistakes of the past or you can look towards the future and position yourself to make some dough....
Here is my take. We have approx. 15m shares outstanding. We have a revenue run rate of $40m and growing at least 15% a year....so forward looking lets call it $45mUSD.
Most other gaming and media related stocks are trading at multiples of revenue (nutty that its not ebitda or profit...but that is the metric these days). On the low end some trade at 10x revenue all the way to nosebleed 40/50x revenue.
Lets assume we trade at the lowest end of the range - 10x. That implies a valuation of $450mUSD. Our current market cap is approx $120mUSD. To get to comparable value we need to trade at $30USD or approx $39CDN.....that is a 260% gain from here......even if I am wrong by half we are looking at a 130% gain from here easily. This is a screaming buy as far as I am concerned. GLTA