I am trying to grasp at a future value for Poet using what is about to happen as a benchmark. Poet, of course, will likely deal with other partnerships in the future to expand its presence which that will add further value.
DL Shanghai buys Denselight for $30 million. Then they invest $100 million more dollars. Therefore, $130 million dollars would be put in to Denselight Shanghai. Is it reasonable to say, that the investors would like to see that $130 million become valued at $1 billion? Then we must take into account that Poet co-develops with them and as there largest customer shares in this revenue proportionately.