To add to the value discussion....
Put a 6X sales multiplier (not unreasonable) on 300M 2020 reveneue. My math brings me to a market cap of 1.8B.
What would an investor pay now for a 85M market cap company that will become a ~1.8B market cap in under 3 years? Is the stock a buy? (Hint: Hell Yes).
BTW- 1.8B with POET's current float is approx (very rough, this is ball park) a SP of ~$6.50. Give or take some warrant excercised... let's call it $6.00.
In other words the market has been known to value a stock with good prospects, with 300M, and high year over year revenue growth rate at ~1.8B or in POET terms as SP of ~$6.00.
I think one can have a pretty good deal at .31 today...with some pateince.
Also...do we think POET is conservative with their rev projections. I certainly do. They have dialed expectations way back since last year... taking a cautious approach (with T.Mika on board)....there is certianly room for upside in the rev/growth numbers.
The Net: There is no reason why this stock is not at least 20 bagger in under 3 years.
Hard to call me pumper as there is reasonable thesis outlined in the new POET rev projections + stock market valuation history....
I am quite optimistic on what we have here.
TechGC