I call it as I see it.
The share price is overvalued. If it was worth more then it would be climbing higher.
The company does not have the financials to support the price.
The share price climbed through the hype and misinformation from those that talked up the price based on the headlines.
Also FOMO from those thinking that this is a BNPL.
I have stated that I feel the share price should be between A$0.08 and A$0.09
I have presented multiple arguments around this.
That valuation is still around 3 times the value of the share price on 9th February.
Raggertooth's Thoughts, page-24
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