RE: Is now a good time13 Jun 2021 15:06
Quick Answer is YES - Mode will hit Billions in MC
Current Price is under IPO at 50p and Raise at 55p
Anyone with solid research would understand the potential here is limitless.
MODE Ecosystem for Super App has the potential to hit Billions in Market Cap.
I see people stating £1.50/2.00 - Id expect this very short term tbh but i must also add that this is ridiculous vs the potential.
Why settle for £2 when you can settle for £10/20/30
£10.00ps with current shares in issue is roughly a 1 Billion Market Cap.
Achieving only 1% of Alipays Revenue from 2020 would be £850,000,000 in Revenue per annum.
Alipay 2020 June $17 Trillion in Transactions for a year 0.05% Fee is £85 Billion.
Do the maths on the potential here.
Imagine they sign Deliveroo, JD Sports, Weatherspoons, Thats three companies which are worth billions. Then add the other 100's if not 1000's if not 10,000's merchants that will.
FTSE 100 Incoming... Over Time.
Bitcoin in treasury and transactions fees on sale regardless of price movement is effectively a bonus