Hi Kingpin. Yesterday I was privy to perhaps the most upbeat investor presentation on 5EA for many months. They are predicting a 5-10 x price rise in 2024 and explain there reasoning. Once the funding in January is sorted things will favourably unfold with a Royalty deal Government Funding and customer backing all in the pipeline. They also believe the value of the company should be nearer 1-6 billion and not the current $60 to 70 million. They put the share price demise down to poor management decisions an unfriendly convertible note holder and constant shorting of stock. Currently there are 3 million shares shorted which is about 22 percent of available stock on Nasdaq. They also said once the near term funding is sorted the shorters will have a lot of trouble trying to buy shares back. I asked my broker if I could post the presentation but was told no. Frederick 26 can back me up with the above as he has also seen it. It’s the best explained presentation I’ve seen both highlighting the previous mistakes made but also what is in store moving forward. I am a top 35 shareholder and am angry and bewildered at some of the awful decisions made in the last 18 months but I believe once finance is voted in on Jan 12 the tide will turn. I will ask if it’s ok to name the investment company who prepared the report because it provides some much needed shareholder confidence. Cheers.
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Hi Kingpin. Yesterday I was privy to perhaps the most upbeat...
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Last
7.9¢ |
Change
-0.001(1.25%) |
Mkt cap ! $26.31M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.7¢ | $11.50K | 146.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14491 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 319170 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14491 | 0.077 |
2 | 51426 | 0.076 |
2 | 256680 | 0.075 |
1 | 250000 | 0.074 |
4 | 153290 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 319170 | 3 |
0.083 | 6250 | 1 |
0.092 | 34895 | 1 |
0.100 | 4040 | 1 |
0.120 | 39000 | 2 |
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