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Wednesday, August 14, 2019 10:16:28 PM
It would really depend on investor interest.
If I recall correctly back in the OTC days of late 2013 SGLB hit a high of around $25-$27 and the market cap was ~200 million at it's highest.
Someone can look it up and correct me if my memory is not correct.
That's when folks were crazy about anything 3D printing and I bought quite a few shares the during those days.
Anyway, Investors bought and drove the market cap that high just on the hype and hope that SGLB's IPQA would be a success.
I can only imagine when multiunit production run sales are confirmed and revenue is generated every quarter. I mean a 200 million market cap would put us roughly at Let's see current market cap is 8.30 million at .60 pps; thus 200 million market cap today would put us at about $14.45 pps.
I believe that many of SGLB's old investors would return with the announcement of actual production run sales combined with positive quarterly earnings. I believe that many new institutional investors would arrive with positive quarterly returns and then who knows where SGLB's pps could be?
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