i agree, I think the company at .61 right now is extremely undervalued. Mobile is supposed to grow humongously in the next few years, and AUGT has been growing rapidly. Soon they will have a good balance sheet and cash flow positive to show Wall Street. I am in at its 52 week low and will hold as long as it takes to get a 500% return. This will be a 3$ stock one day.
there are a hand of full of idiots here that will sell it for $1. lol.....trust me. There are idiot all around you if you look and listen. They have no idea what the fundamentals of this company is worth. And to think a buyout of this company will be approved based on today's stock price is another joke!
If you just figure they maintain their 15-20% growoth rate or anywhere close to it, they are at a $50 plus million run rate in less than a year. They'll be at 2 5 million plus in trailing 12 months just after this Q. Amobee was bought at $321 milll at only 16 mill in trailing revs. At that revenue they should easily trade at close to the same 9 multiple MM trades at. Go ahead and even discount it to a 6X and the stock should easily trade at $3. That's with no value though for the patents and it seems like there is stome good stuff starting to maybe develope on that side. Stock is so cheap its sickening.
It's only sickening if you don't take advantage of it. I don't mind it being this low for a little while (I have been able to acquire over 100K more shares recently due to the low price), but I do want it to start moving up so we have a higher base in case we are acquired. Being bought from this low level would be sickening to me. I am becoming increasingly concerned about a potential acquisition happening at this point.