To be honest I don't have a view on the share price in the near term, nor do I really care. For the share price to increase the company needs to show it is delivering on it's strategy and booking revenue, the potential is already priced in imo (revenue $1m vs MC $190m).
What you are looking out for is:
- September Quarterly to show an increase in revenue
- December Quarterly to show a larger increase in revenue
- Announcement to confirm the establishment of a debt warehouse and the first customers of the FSG & MC deals
I'm of the view this will grow but with 3.5 billion+ SOI it won't move quick. Lots of people think this will make them rich overnight and they will be disappointed and frustrated and probably sell too early. My opinion is the ones who buy at the current prices and are willing to hold for 5+ years will be rewarded.
Where are we headed, page-26
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