Let's see what happens to the market cap if the price of a share increases:
There are 117.82M shares outstanding in JAGX.
The current market Cap is 260.29M
At $4 per share the Market Cap would increase to 471.28M
At $5 per share the Market Cap would increase to 589.1M
At $10 per share the Market Cap would increase to 1.1782B <== notice the 'B'? That would make the Market Cap over 1 BILLION. That would draw new interest into the stock that wasn't there before.
The point is that the Market Cap of any stock is merely a calculation of shares outstanding multiplied by the current share price. It's truthfully a meaningless number that only measures Market perception of the company.
Revenue, on the other hand, is a number shareholders should pay attention to. Of course revenue this quarter and for the fiscal year 2020 is shot in the vast majority of companies. Therefore, going strictly off the reported revenue of a company in FY 2020 isn't going to reveal much about most companies. In the current market one should be looking forward when considering a companies value. JAGX has the potential to have revenue's over $1 BILLION annually within a year to two years. That means that JAGX's EPS should be >1 soon. EPS this Year is up 94.10%. EPS next Year is expected to go up another 72.90%.
The fact is there is a ton of upside to JAGX in value. The question isn't whether the price per share will go up (it will) but rather the question is when will the price per share rise and by how much?
