RC, on investor ROI,
Your content seems have two components, one that acknowledges company growth and so on, and another that views things through the longer term lens of the whole history of Wave.
To me as an investor, a dollar today is worth exactly a dollar today. Not a penny more or less regardless of whether or not any other dollars have at any time sailed away.
In your earlier content you said:
"A stock price of $6-10 a share by this time next year would be acceptable, but I would think for many here that would still be a very dissapointing rate of growth given the time and energy invested in this company"
At the current share price of around $2.5, the $6-10 a year from now represents a gain of from 240-400% YoY. I cannot mix the word "acceptable" and those kind of gains in the same sentence. I think of words like "awesome" "huge" and "stunning". That yesterday's dollars in Wave or any other investment fared better or worse has no bearing on the ROI of the dollars I have in play today in any investment including Wave.
I think that with that portion of my money I put at greater risk, Wave looks good. They are walking a precarious line between billings and expenses. If they slip I expect them to seek a PIPE and rather likely get faced with a hostile T.O. not below current levels of around $250m for the company. Downside is not so bad.
If they don't slip, which requires new billings at a rate of around $3m+/Q, then I expect some incremental SP appreciation with each announced deal of around 50 cents to a buck. I expect them to at some point again become a T.O. target in this scenario as well albeit under more favorable terms (somewhere around a billion for the company).
This whole notion of "shareholders interests" is confusing to me... I (a shareholder) want Wave to push everything into top line growth. That is what will determine whether things happen at $250m for the company or $1b for the company.
I prefer $1b over $250m. I don't think the suitor is going to give a crap about bottom line or "VISIBLE" success.
The above content is my opinion.
AI
