"This stock is priced as if it has zero future prospects."
I think that Tom Cruise statement "show me the money" comes to peoples minds. IMO:
- AEV still needs to prove it's an economically viable company.
- The Market still needs to see it move beyond its intentions and start turning those intentions into a fully functioning and profitable business. Or at the very least see feet on the ground and ore moving which will get it on the way to becoming independently successful.
- Once digging and shipping commence (or at least look as though they are about to commence) and the dollars pour in AEV won't be ignored.
- It sometimes takes a little time for good news to filter into the broader market and for the market to act accordingly.
I agree with you our future prospects could be huge! WHEN/IF Brett Clark and his Board show the market that they are on the way toward
making money our terrible MC will be a thing of the past.
Lastly, and I don't want to be negative today (because I'm very happy with todays announcement), but I think our CEO and Board have some baggage re: promises and performance. Today is a very meaningful step in the right direction. If they continue to deliver other strong and stronger milestones before the end of 2023, we may all be pleasantly surprised with our SP around Xmas. Also, it will show the Market that our leadership is indeed fair dinkum and capable.
Great day today, may there be more to come real soon.
(20min delay)