Thanks very much djg. Very helpful indeed. some of my thoughts for sharing. - current SP prices us as an EPC. does not value proprietary products and service
Glad that recognises that point. Shows that he is aware of valuations. Forward PER of 8.8X is really what is trading ROW for EPC's. He has a task ahead. Really needs to convince the world that Aspiral is the new kid on the block as far as waste water treatment goes. - they also would like to see ~$1m in value traded daily to really get interest from funds and big US investors. tick those boxes then they will look at it.
Chicken and egg situation. Established markets look for liquidity before they get in. But liquidity is a function of price. Price is dependent on milestones and earnings. Glad that Adam knows what is first priority. Get the proprietary products off the shelf in China and elsewhere and the PE expansion will come.
Once again, my grateful thanks.
FLC Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
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