great analysis with them predicting a potential $6B MC - 20 bagger from here! Highlights the risks and interestingly does compare to Quantumscape. Does not see a risk in shareholding being diluted to 30% in IM3NY listing - where is the reasoning for this big K? I haven’t looked into Microvast so cannot comment but will do some further research. Recommend reading the news wire article - thanks Davelo
iM3NY Valuation, page-46
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