RE:RE:RE:RE:RE:RE:RE:RE:How much could be a buyout?GrahamB wrote: LandCruiser1983 wrote: I think your .60cents is a lot closer to the truth than those wierdly high $+ valuations. Come back to reality,this is not a fantasy board. If we are not seeing any price increases during this peak Covid time,, (it is falling in S.P). it is not going to happen in the near 1-2 year future. This is our time to excell but we are floundering. JIHO.
That is my thinking exactly.
60cents is the top end IMO, but they need to show that there is a genuine demand for the product.
Videos and articles that convince investors may move the share price in the short term and is great for tradibg(I see that now), but will not affect the valuation nor even the likelihood of a buyout.
People can handwave all they want -but sales recorded on the Income statement and ideally cash flow statement will be convincing All IMO
Keep in mind that a few years back when they got the FDA approval the price ran from about 15 cents to 95 cents in about one hours time. (end of February, 2017?). It can be volatile with the right kind of news. Of course we have a boatload more shares mow.