Re: $70/share club that is actually roughly 15 billion not 30. Eom
posted on
Feb 12, 2014 11:21AM
That's a huge amount of additional dilution! I don't think there is going to be that much, if any, further dilution. If the market is showing its penchant for buying thermostat companies for 3 billion, I suspect that a truly disruptive technology should garner substantially more. I suspect a report(Pellegrino 2.0) showing between 10 and 14 billion valuation a possibility but we will see. They may say 5. We will see.
Derek