RE:RE:RE:RE:RE:RE:NewsWhy don't you tell the board how you arrived at your valuation number?
Are you really saying that a company that will generate $400 million in 2024 revenues with a 25+ percent gross margin will have a market cap of $180 million?
if the market is prepared to pay 1X revenues (which just happens to be what the new money is paying) then the company will stay close to the current SP.
My guess is that by the end of 2024, the market will look at something closer to 5X revenues.