"Tenth-penny cryptocompany" 7Bn shares will do that. Giving SANP credit for 12 miners working, and applying their "payment processing industry" cousin Visa Inc's PE of 50... at $BTC near 19k the SANP price (50x N12M earnings / 7.4Bn shares) should be about $0.00111... but with BTC near 11k today, my SANP price falls to $0.0006.
Sure, we could credit SANP for its announced plans for many more miners down the road. But PE = 50 is quite generous, considering we're applying it to future earnings instead of TTM earnings, so I choose not to add a second bonus for promised miner upgrades.
Which leaves me at $0.0006 right now to see a fair profit from operations over 12 months. So, my buys and sells now are designed to get my average paid to 0006.
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