Oct. 3 at 12:17 PM
$MIGI
1) Wins involuntary bk suit->
$2
2) Regains NASDAQ compliance ->
$3
3) Issues 0 coupon convertible debt ->
$5
4) Announced planned build of first 25MW HPC data center->
$10
5) They still have 154MW total to commit to HPC and at rates of
$1.5mn per MW could ink deals generating 230mn revenue and 161mn in EBITDA. 10x EBITDA (conservative) and its 1.6bn mcap with prob 300mn in debt by then so
$1.3bn EV on 21mn shares outstanding . Could see this thing run to
$60 a share LT
