Thought I would add some history to the discussion on price targets, highlighting actual events that may give hindsight to The discussions.
Many moons ago, we ran over 2 days from .006c to .10c (over 1000% gains) on the announcement we were dealing with Bangs Labs, who are a relatively small operation turnover wise.
The price retreated to around the .05c mark before climbing to .28 on the hype around dealing with BBI.
Neither of those 2 interactions were material nor resulted in substantial contracts or income.
Should we be courted by a heavy weight in the battery space, then I think the .28c will be blown away, and if we can sign a meaningful agreement following on from the 4 month testing phase, then anywhere from .50 to $1 could be achieved given the right circumstances.
It must be said that we have significantly more shares in the market since then, but the above shows what can happen when the market gets woken up with an announcement that shocks the sector.
Just for the fun of it, I am hypothesising we get a significant upfront payment from one of our collaborators to progress the tech ( let’s guess $20 mil), which will send the market bonkers and we reach a share price by option close of $0.75
We can but dream , but is not beyond the realms of possibility if the battery tech manages to solve the currently unsolvable.
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- 2020 Vision. Anteo Tech, Share price 6th Dec 2020.
2020 Vision. Anteo Tech, Share price 6th Dec 2020., page-31
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