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Wednesday, October 31, 2018 12:39:06 PM
But to continue the discourse, wouldn’t growing revenues in a new industry command a greater multiple than static revenues in a mature industry?
I don’t subscribe to the notion that the future pps could reach $100M or more, but, for the sake of calculations, wouldn’t the market cap with the current outstanding shares have to be much greater than the 500M you cite in order to achieve a pps of 100 ?
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