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05/08/22 10:37 AM

#5766 RE: Ms Labonte #5690

$SYSX $2.86 - $16.5

Fair value :
Only Revenue - 12.6M / 431M = 0.0292
With Ostendo deal - 72.6M / 431M = 0.1684

98x multiplication like in 2021 when the MC
was 98x higher than PPS:

Only Revenue - 12.6M / 431M x98 = $2.86
With Ostendo deal - 72.6M / 431M x98 = $16.5