Wednesday, July 14, 2021 6:36:47 AM
N$AV currently trades at roughly a $150mm market cap. It's primary business appears to be a yet-to-operate decentralized crypto exchange. It's share structure has roughly 6 Billion shares outstanding is close to maxed out.
UAMM, by contrast, trades at a $7mm market cap with a fraction of the shares outstanding. We don't much about their crypto exchange investment, but we do know that an NFT marketplace is also in the works. In my view, the valuation disparity is much too wide.
At $0.50, UAMM would have the same market cap as N$AV.
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