Hi guys,
after doing a little more research on Chemeq I think these current prices are "fair" even though there is upside if the manufacturing plant gets up and running without problems. While sales look certain it might take a while to ramp up and secure contracts etc.
Great volatility at the moment makes it a great trading stock but there are still some risks to overcome to warrant >$10.
P.S. Keep in mind this stock has a "Perth" background.
Cheers,
Munch.
I don't own and never have owned CMQ.
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