Actually with the New Enterprise Value it will make perfect sense especially when you have Real Revenues and EBITDA. That's called Enterprise Value. That's what separates amateurs from Wallstreet.
So yah these Wallstreet institutional buyers will pay the price because they are long term investors not flippers.
As per real investors knowledge as to how CMPO's work, we know the investment banker is underwriting $40m, so IMO that's a minimum $4.00 and set number of shares agreed upon by both the underwriter and the company, which meets 3 Nasdaq Requirements (Market value, Float and PPS covered) IMO and my theory is based on all my research about CMPOs. So then the investment banker initiates the Confidential Marketing portion of the Offering and flips the set number of shares to the High End, Net Worth investors for a profit, which is all part of the process. So say $5-$8 a share would be realistic. After that it's in Loraine's hands to bring added value to the Institutional buyers and Shareholders through OEM contracts, sales and such. Imo $25-$30 is 1 year away.
Let's see how my theory pans out, not my first rodeo.
Nasdaq ceremony will be amazing.
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