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Sunday, July 17, 2022 5:44:23 AM
Currently $SRNW is a $40.0 million market cap. If a just a one billion dollar reverse merger candidate is what happens, the $40.0 million market cap would have to go up 25 fold, right? To get to $1.0 billion.
That being said, we now know that the share price should increase 25 fold per billion of perceived reverse merger candidate value.
25 fold per billion of perceived reverse merger candidate value.
Now, as your question asks, how much if it’s WAX, $5.0 billion perceived market cap?
Simple again.
If it’s 25 fold per billion, then 25 fold X 5 = 125 fold.
Basically, whatever dollar value you account shows today, multiply by 125 fold and that’s your new account value.
So, now we get into your share price question, you said after the 40:1 split, the price is around .06
So, 125 fold X .06 = $7.50 per share.
Does that help?
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