jack, that's an interesting coincidence if she had independently predicted $78B.
... my base calculations have typically been around $75B (in lifetime net, not current value).
... that translates into the $10B NPV range.
imo, a takeout of $30B is extreme (although, we don't know that a bidding war wouldn't have such an effect).
however ... the opposite side may also be true: low-ball offers are a real risk.
if PTK got scooped up for $1.5-2B ($6-8/share) it would be a shame.
recall how Adam endlessly cautioned about the sad 'fate' of Canadian tech, and the unfortunate nature of capital risk in this country.
I hope his enduring message is taken deeply to heart by those at the helm of PTK.
imo $8-12B ($35-50/share) would be 'fair' value.
anything lower than that would be insulting, especially given the progress Geoff and the team make every day.
beware low-ball risk (I see it coming in the $4-7 range), and steel yourself for a fight.
make Adam proud.
you'll be glad you did.
GLAL,
R.
PS
reminder, today is last day of the month, check whether your anti-short high asks are due for a refresh.
