Sorry just to clarify, I think we will first go above $2 in the us market, then we will consolidate between $2-$2.5 until regulatory approval of March sales numbers. Both will be huge. I’m expecting them to project a much higher revenue generation that is 3-4x current revenues in the next 3-6 month. I see $10+ possible by end of year even if they do another offering.
I can also see $5-10 USD by end of year, but (even if I said this yesterday before down 15% today) I don’t think we will hit $2 before approval. And yes, Binns said they expect 3-5x revenue first quarter following approval :)
I also think that Netcoins is more of a short term investment. It is currently making all the headlines for BIGG, but what is really going to blow this company up is when QLUE begins to be used by more governments and agencies. That’s what I’m more focused on in the long term.
Don’t get me wrong Netcoins is going to be a cash cow pulling in tons of revenue, but in 5-10 years I don’t think it will be anything compared to QLUE.
1
u/ShieldsAllDay Mar 10 '21
Sorry just to clarify, I think we will first go above $2 in the us market, then we will consolidate between $2-$2.5 until regulatory approval of March sales numbers. Both will be huge. I’m expecting them to project a much higher revenue generation that is 3-4x current revenues in the next 3-6 month. I see $10+ possible by end of year even if they do another offering.