Crawfors,
Your thoughts here fits pretty well with some thoughts I emailed to the company, and I'll add on that here. My thoughts generally implied that IMO, iQSTEL needs to set a bottom price (likely not publicly shared) for which they would sell shares.
Maybe it's $.50, $1.00, or $2.00 or more, but mainly just don't take any less than that for shares pretty much for any reason whatsoever. In that sense they would establish a point at which they value the worth of their company.
If they can't get that price and want to do an acquisition, then don't do the acquisition. Or if their numbers are good enough maybe use conventual financing, again, only if it would pay off to do so. But not financing that involves warrants or options are any other device that pays off a lender in shares. Just a simple loan, and repayment of interest. If they can't get favorable terms then don't do that either.
Of course they do have to do what they must to keep operating until they are profitable, but they need to keep any sources of funding at as least toxic as possible. We are in Q2, so maybe they are already profitable or getting close to it, based on their 2023 guidance.
If the company sets a minimum level for selling shares, I think the market would likely take a hint at that towards deciding a fair value of the company. That is to say, if iQSTEL sets a price that they consider a fair value based on their inside knowledge. It may not be publicized, but eventually investors can see at what prices the company is able to sell its shares and might consider that as something of guide in determining the market worth of its shares.
In any case, I can't see how it does investors or the company much good to sell shares well below what the company believes that it is worth. Ultimately they control for how much they sell those shares.
Just some numbers for entertainment, but in December 2020 the share price hit a (then) recent low of $.071. When you look at the shares out and revenue at that time the price to sales ratio bottomed at about .19 of sales. At yesterdays low, and based on current shares and sales, the price to sales ratio hit about .18 of sales.
In the 2020 - early 2021 time frame price to sales went from about .19 to 5.27. A 1.0 price to sales would have been $.38 a share. With current data a 1.0 price to sales should see about $.56 a share.
Bottom in? I don't know. I bought a few more at $.11 this morning, but I have bought at levels all up and down the scale like many of you. That's just my plan, not investment advice as everyone needs to figure out how they see it and what they should do based on their own DD.
