RE:Huge market if AXE can commercializeSask Mike already told what the estimated market is that axe is working in $500 billion. I have priced axe shares at $25/share minimum on the assumption of 200 million fully diluted and only 1 percent of the estimated market.
Lets do the math to double check. 1 percent 500 billion is 5 billion divided by 200 million shares. Yes that is $25/share but this does not take into account if the company has reached EBITDA positive which i would multiply by 2 to 4 times or net profit which 5 to 10 times.
Thid is why i go on about no cheap full ip acquisition buyouts and partitioning the sectors where i see them worth at $20 to $25 miinimum each...ok you brought up grain, then there is hydrogen, oil and gas, methane, hellium possibly i dont know you name it you got it but lets say at least 5 sectors the potential here is ridiculous and the reason i continue to say i will vote down a full acquisition under $40 but that is still giving the tech away.
In any case you raised the operative word "if" i dont believe as much "if" as when and the reason i have pushed my time frame back a year or 2. I expected way better share value wise both last year and this year but given the circumstancez i accepted where it is in that regards BUT i havent excused my overall expectations. I do see this will be on track for 1 to 3 contracts coming year and gaining more 2025 and i do as i said expect the heat to successfully be on this year not in the coming year however time will tell. No matter what i will not lessen my minimum $40 share value and like i said that is still giving things away.
I know companies usually look for 10 percent market i took a measly 1 percent which is extremely achievable. I am in no rush to sell here despite people thinking i am or have been impatient. No i just expected this to be further along but it is not well ok it is not but i will hold as long as i need to to get what i am after and no shares go less than $2 from what i am claiming and owning which is successful tech whether it is fully done 6 months in 9 months in or years end next year i see it being successful moving into 2025 but i do expect at least 1 contract next year.
For me this is simply just keep in the drawer forget about it as much as i can and wait for the company to do what it always has successfully overcome the challenges. I see greatness here i am not after good with this but greatness.