I like everything about VIV except the liquidity. The stock is not on anybody's radar. Very few shares traded or available for sale. Although the numbers have been increasing lately very slowly...
The next qtrly might show some actual income ! That would be the kicker for a bit more attention.
They have no debt, and cash burn at just under a million a qtr. They have 1.7M cash on hand, so chance of a CR is out there if they dont get a good increase in sales, that appears to be happening. Touch and go really.
Think this would be the last or next to last qtr where the SP will be this low.
If more news :
from China on the pilot plant
sales of Matrix lighting
a positive qtr
and this will re-rate, especially as not many shares on offer. Really volatile SP until the volume increases.
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