More than half of the last AM dividend came from hardware sales. Roughly speaking, AM share price trends toward 25% APR; without the sales price would probably be below 1.0. LC will not have meaningful hardware sales, and a network hashrate of only 1 PH in November is unrealistic.
AM's price right now is 40% Yeild right now, not 25.
(Or in other words they have a
2.5 price/annual dividend ratio, compared to a
4 price/div if it was at 25%)
So, the market is cooling off on them, possibly to move money into Labcoin and ActM.
Also, the earlier comment I made was just a simplified example of how to do the calculations, not an actual estimate - an actual estimate would require estimating a fully probability density function for multiple things (network hashrate, Labcoin's hashrate, and the changes in those things over time). It's doable, but the 'space' is so wide open that any estimate is going to have a huge amount of uncertainty.
And as I said, LC is not going to have the history that AM does, so it's not going to be priced the same.
That said, though even if we look at just September, and October, LC's Just LC's
dividends for only those two months should be
higher then it's current share price.
That means that the share price right now is based on a high probability that LC will be a total failure (either a scam, or bad chips, or whatever)
