Countering with this analogy, I'm afraid, is drawing a rather long bow. Resource companies have something in the ground that can be sold for profit if the company is run well.
All GEV have for the moment is a technology that has not made money to date and a vision to move into an addressable market light on details.
The circumstances and implications are very different. GEV is more a tech company than a resource company and I can think of many tech companies that have promised a revolution that never eventuated. Heck some even had MCs in the hundreds of millions. Most have come crashing down because the tech didn't work or the market dynamics shifted too quickly thus rendering the tech redundant. Both these examples are very real risks for GEV.
Don't get ahead of yourself.
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3.0¢ |
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Mkt cap ! $18.83M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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