RE: "£10 a share in 2022"23 Aug 2021 15:24
£10 a share is absolutely realistic unless we get dilution for some reason. 55m shares in issue - £550m valuation For a company trading in 60 different country jurisdictions! The cloud telephone market is forecast to be 26,000,000,000 by 2024!!!! If loop up successfully transition and grow revenue the upside is unlimited. £10 a share will be a Conservative target. Yes, a lot has to fall into place however with a bit of luck and good marketing growth should be nailed on in this environment. Look at all the companies valued at 20 times earnings 50 times earnings and 100 times earnings, or even look at Tesla for example there is no reason why instead of the share been grossly under valued it can’t go to being overvalued. However £10 a share would not be overvalued if they can start driving revenues.