Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
velacreations
on 27/09/2013, 02:56:39 UTC
Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
those blades will likely add 50K-100K btc in revenue over the next 2 months (even at significantly reduced margins).

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Also, isn't the share price only about 30% of what it was a couple of months back?
they're still a long ways from IPO price, and they've paid that back several times in dividends.

Anyway, they match quite well to the dividend/share price ratio I was talking about a few pages back.  Their last dividend makes the current price a fair value.  That's why there is a lot of support at current prices.

Labcon has a long way to drop to hit fair share value.

I like how you're trying to deflect, but it doesn't really change the fact that LC is headed to 1/10th IPO price.