It's difficult to know where to start in explaining that big mess of errors, but one of them fits nicely. Last trade was 2.7c and you predict a drop to 0.35c in less than one year. Yes, I know you meant 35c, but your reasons are similarly flawed.
Even if they miraculously had perfect results and no problems in an industry they're completely new to after many years of failing at literally everything including what they claim to be experts in (and abandoning their claimed area of expertise to grow marijuana), they would have huge overheads you're not taking into account. You're not even taking their existing basic overheads into account.
They've been making amazing claims for many years, they fail to deliver literally every time, but even ignoring that, your calculations are completely unrealistic.
If it actually was that good, any private company or individual would have been jumping in and making a killing.
Just think about the big picture for a minute, ignore the details... AEB doesn't even claim to have any special knowledge about marijuana, it has just made some claims about lighting technology which are irrelevant and don't make sense. So either they are either liars, or at best they're just another Johnny come lately. This company has very little resources. I have several personal friends who as individuals have more money than AEB. It would be much easier for an individual person to set up a project like this and make it work, and much cheaper because they could hire only relevant people at reasonable wages rather than having a huge mass of irrelevant staff on the other side of the planet drawing massive (MASSIVE) wages for nothing, as well as worrying about publicity expenses and issues, public listing issues, and a huge mess of other failed projects costing money (AEB uses these to justify paying those huge wages to its staff, largely from the same family by the way - any genuine company would have scrapped them long ago).
As a shareholder you have all these problems your company needs to carry. How do you think such a mess could possibly be competitive with others in the market? It doesn't make sense. Clearly, even in the very unlikely event that tbis project is successful, the profits will primarily go to those on the payroll. At best a small amount will trickle through and increase the share price marginally, but even that is very unlikely because AEB is working on a commodity product in a crowded market with much more streamlined competitors. Where is your cut going to come from?
Best case scenario, they actually will have a viable MM venture, which would cause a spike in the share price. This would be brief, but it would allow existing sellers an opportunity to exit.
It should be clear though that long term this proposed business model isn't even conceptually viable.
AEB Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
