Well, maybe its because the $600m in profits over 10 yrs is not only possible, its simple maths ... but it is dependent on PASS Contracts being gained. Thats $60m profit pa as Muzzah says or profit of 13c/pa
No wonder not much selling at 8c/share, when potential profits of 13c/share are looming.
But it all comes down to the Qn of "Will NAGs get PASS Contracts?"
There is a lot riding on that Qn. Worth DYOR, I would think.
Either way it explains why shareholders don't want to sell at 8c if they think NAGs will get PASS Contracts. Maybe they might at a realistic price ... say 50c/share.
Thats not the price now but you can see how it could be by years end? Or you could be thinking NAGs won't get PASS Contracts? The former seems to be what the existing 860 shareholders believe.
