Realistically speaking within the next 1-2 months how high do you guys think we can go in regards to price per share? After the 20k chips arrive from Avalon and we start hashing?
One advantage ACTM has going for it in terms of share price at the moment is that the market already has a similar company we can use in order to predict valuation.
Asicminer has 400,000 shares
Current price per share ~4.6btc
ActiveMining has 25,000,000 shares (62.5 x more shares)
Assuming all goes well ActiveMining could easily represent 25% of the current value of Asicminer and could equal or surpass Asicminer in the long run. Based on private conversations over PM I've had, Ken believes he will grow ActiveMining to surpass all competition. This is the bar he has set for himself, not just my speculation.
25% market value compared to Asicminer would equate to a .0184/share ACTM share price (using 4.6/share for AM).
50% valuation would of course bring that to .0368/share etc.
There is admittedly a long way to go but the potential is definitely there.
Thanks for the post. It would be great if we can hit close to .02/share. That would be awesome if we can see that within the next few months.
No, you misunderstood. That would be if ACTM was 100% valued = AM.
I am saying that @ 25% valuation you would divide your number by 4 = .0184 Admittedly, 25% is completely arbitrary as ACTM may actually end up surpassing AM.
