Where is the maths to support your statement?
Once you show us this maths of yours, you can also use it to show us how much AM is worth based on its dividends.
where have you been? I posted that shit several pages ago.
But here it goes again, just for you:
Dividend Per share: 0.00000146 BTC
26 of those a year: ~.0000365
@ 50% APR (very generous), that's a share value of .000073
at double those earnings - .000146/share, triple - .000219/share
So, as you can see, even if we give them a lot of room and triple their current revenue, they are still worth an order of magnitude less than anyone around here is claiming.
Do you think a security that has less than .06% of the network should be valued more?
Even if they get that 20 TH/s up in the next 10 days (highly unlikely), they'll be worth ~.002 per share BY YOUR OWN CALCULATIONS (1% of network = .002/share)
AM's last div was 0.00967485, so .5 per year. @ 30% APR, that's ~1.68 per share, (which was their price before the BTCT fiasco yesterday). AM has followed the 30% APR relationship for a while, now. But when they were new, those APR were 70+%.
