RE: Monday16 Jan 2021 11:20
Jpp
You are presuming that the current sp reflects a true value of the company , at this rate of Bitcoin.. my OHO is that it doesn’t and the USA market is more in tune with its actual value. There will come a point when this sp will track Bitcoin value, but at the moment we have not reached a true market value - you may find in the future that with Bitcoin at 35000 the sp may be 2.5 or even 5.0 increasing percentages with Bitcoin value .
My opinion based on market comparison of other companies is that the sp should be around 3.5 at a Bitcoin value of 35000 - which makes it a relatively easy calculation, which even tallies up with almost every valuation I’ve seen across all media’s, share chats, gurus ect ect
Basically at $40,000 we are worth $4
$60,000 btc = $6 sp
$100,000 btc = $10 sp
I’m not just pulling figures out of an hat, these are figures that many of my peers arrive at ...
therefore buy on Monday before the sp realises it’s true value !!!!