And we will enjoy that "potential" over the next few years, as this generates multi-bag returns, whilst you have fun gambling with your buddies in the day trading forum
Those who don't like a stock on this platform always have a world-ending problem related to the company. Easy to find as well, especially at the smaller end of the market there will always be a few issues (otherwise, this would already have a multi-billion dollar valuation if it was certain they are indeed sitting on the motherlode, as we suspect). I remember all the "problems" with WA1 back in the cents, all the explanations of why it would go nowhere. That one seemed to do fairly well...
It is at this valuation to account for the fact that there is still progress to be made. As the company progresses further, the market cap will increase and the share price will move higher into the cents and hopefully eventually into the dollars. That is how the game works.
