On the back of the Offical Distribution announcement and depending on its content I value PNO at 2-2.5c. I base this on $2 profit per tube and 18 PE. Cash in the bank and IP at this stage means zip to me at the moment. The success of Thermalife will bring the IP back into the equation.
To sustain the SP at that level, 1. sales need to continue and 2. Management in the intitial stages will need to keep the market and shareholders informed of sales progress on a regular basis. Weekly for the first month, fortnightly for the remainder of that quarter and then monthly for the next quarter. Management need to bring confidence back to this stock. People not willing to take a high risk trade/investment at 1c maybe happy to trade/invest at 2.5c if they see management working for the interests of investors.
Share Price growth will have to be on the back of encouraging growing sales forcasts and If successful of course news on progress of further products will contribute.
If Thermalife fails, I can't see the other products contributing to SP increase. Its make or break.
All IMO. DYOR... that's the way I've based my investment strategy.
Happy to hear for or opposing views
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