'If they wait 8 or 10 weeks to announce anything like they just did 30c is a real possibility.'
Oh how I hope you are correct deszmodo, ST paper loss pain for low price top up, for potential LT super gain.
30c would make it a sub A$20Mil MC company potentially addressing a US$100 Billion per year conventional hydrogen market, without any 'extra' hydrogen green energy added into the mix - Wow
I think it is just some ST holders not liking the relatively long time line & perceived 'small' gains in the last update i.e. approx 'early' 2016 for small pilot plant & 2018 for scaled up pilot plant.
Sure there are risks that the process can not be scaled up & the company will fold up & disappear. I expect that is why we just had a director buying A$60k worth of shares at approx 50c average. He obviously knows the process is a no go & wants to get rid of some $ ASAP ?
Lots of other places to play if you want some ST trading gains.
BTW - just for fun, 5% margin on US$100 Billion is US$5 Billion per year.
Even if they only got 20% of the market = US$20 Billion x 5% margin = US$1 Billion per year.
Dreams are free I guess, however, maybe this isn't going to be a dream but a reality
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Price($) | Vol. | No. |
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