Yep, 2024 is shaping up to be very exciting for us CM. I believe the re rate is going to come from just the sales in America alone. It's a huge market there and more then enough to catapult this little minow stock into a major. Having a CEO that's American helps to Imo.
I'll say one thing, they we not kidding a couple of months ago when they said they were now entering a Rapid US Commercialisation Phase.
The good thing is and we are all aware of it but with only 333mill SOI now, and the top twenty holding I think around 283mill and even as a guess the top thirty hold maybe 95%. If for instance they were planning to stay put for a while (which I plan to) and just enjoy the ride, that would only leave around 17mill odd shares available for trading. Imo that alone would help catapult us back up ten fold if we start seeing good progress.
I'm now even thinking of selling down some of my other blue chip holdings just to buy more ADR as I see this stock turning into one of those holdings in time. Problem is atm there is not that many on offer to take a big bite, even up to 10c.
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