It will all change after the FY results. Their PR and comms will become much more active.
They just need to hit upper end of guidance and have a positive B2B update in the 4C and this will start to move back to $1.
Even at $1 its a market cap of what, $120M? Not even 1x revenue, revenue which is growing and a bottom line which is improving and will improve significantly once their facility is complete.
Its impossible to justify its current valuation other than a poor PR job to date with lack of genuine market interest as a result, which also means lower volume so a bigger fall.
The $1.50 IPO price will be hit again I have no doubt. Just requires some patience. I wish I had more cash free.
YFZ Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held