I have been wondering why the share price has struggled to gain momentum, could be that the clever ones were looking at the cash blance closer than I was and its been capping the price. With money in the bank and signing deals I'm hoping this will free the share up for a run up. I was thinking 70-80 M MC was about right for the share in its current state with a break above 100M MC when revenues start in earnest.
I'm hoping after the raise I'll see that 1st stage run up to 70-80. I'm thinking 10% below 14 day average in the low 50"s That would be fair for a company with low cash burn and imminent revenue.
PIQ Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held
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