RE:Future thoughtsCanadianJrs wrote: Wondering what everyone's 5 year outlook is share price wise on this little lady. Has anyone asked management what their thoughts are on dividends in the future? That and if there's a planned up listing to the TSXV or TSX after we meet break even profitability or net positive?
5 year plan? 4 year plan 2025,,,,, 118M shares O/S FD, Revenues by 2024 projected to be $ 160M based on current product portfolio. Generally you can expect between 6X to 9X sales ( from IR), therefore MC at 6X = $160M x 6/118M shares = $8.13/share. MC @ 9X sales = $ 160M x 9/118M = $12.20/share.
Management expects to add new products to the portfolio thus the $160M revenue per year could be higher by 2025. My thoughts they will reach the $ 160M by 2024. So, nothing but upside from here. IMO.
uplisting to TSX by 2021 year end or Q1 of 2022.