Pinned valuation:
Assumed three scenarios ranging from growth 25% - 10% over next 5 years. Share Count increasing to 305.5m and achieving Net margins 20%. Discounted at 15%. Blended together I get a valuation of $0.8027
@Magneto - reasonable and in line with my own view. My concern is revenue growth coming in towards the lower end, and net margins taking longer to get to 20%. Hence, I am out.