InvestorsHub Logo
Followers 59
Posts 7996
Boards Moderated 1
Alias Born 01/23/2008

Re: jenne12 post# 60583

Thursday, 07/21/2022 10:51:54 AM

Thursday, July 21, 2022 10:51:54 AM

Post# of 63457
Thank you, The fact that all those miners coming online with a BTC breakeven price point of 11- 12k (per CEO on Twitter), INTV should be well into profit for the time being. As well as the Bitmain payments being completed that opens up some decent free cash flow, this could have some decent upside from here even.

However there was a lot of people who bought up higher that might be looking to get their money back as/if it rises which could create some headwinds.

However if people are more of the longer term mindframe, and BTC stays or rises from here this company could potentially be making anywhere from 5 million around current prices per year, to 15 million in revenues (w BTC at 68400 price).

There are capital costs, and machine maintenance so there are factors at play that could adjust those revenue numbers, but I think INTV is setup to have a bright future.

Per targets for my self im a very trend type of trader and take small lots on the way up, but with the idea that this company is still looking to get to OTCQX 0.25 is still within the realm. As far as dollar land well if company keeps executing and people hold/buy I guess its possible, anything is in the stock market.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y