$DOCRF $DOC.CA a thought to ponder: Doc is trading around 6x which is extremely low vs peers DOC now has $85MM run rate revenue and $70MM+ in cash on hand Now they have Optical on their platform, they have pretty much everything except more geographic reach.....SO....if we think about Rxi purchase for $9.6MM, which brought $16.6MM in revenue, I wonder how many RXi’s DOC has on their docket? If we assume they have all of the tech and verticals now after VisionPRO then its just geo-expansion. How many RXi’s does $70MM buy?........shall we say $100MM of additional revenue? Could 2021 look like $85MM + $100MM + Organic growth = $200MM+? What multiple should we apply to $200MM at end of 2021?
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