Post by
rankininlet on Jan 06, 2021 4:29pm
Super simplified valuation technique
Lets say for every cube active and selling all day, every day, share price is .01. Current cubes is 40 hence share price should be .40. Lets put a 10% +/- and say the share price for 40 cubes should be .36 to .44 which is .40 +/- .04 (.40 @ 10% = .04). So, when we hit 80 cubes share price should be .72 to .88. When we hit 200 cubes, share price should be 1.80 to 2.20. This is my simple way of determining where share price is headed as we open up new revenues on a cube by cube basis. Its a simple test that might or might not work. Feel free to suggest modifications.
Comment by
rankininlet on Jan 10, 2021 9:57pm
Current price .38. Valuation cal'd at .01 x 44 cubes, plus or minus 10% puts range at .40 to .48. Stock price needs to move up and close in the 40s for my .01 x cubes theory to be validated.
Comment by
JimmyBaggs on Jan 10, 2021 10:13pm
I recall Sarb doing a calculation months back that had it at 2 cents a cube at 37% capacity Sarb can you comment on this?