My estimates are very achievable or conservative as you put it. Personally, I'd be satisfied with 80 cents in a 2 year window.
I really like the set up. Apart from the engaging narrative, the top 20 shareholders look sticky and there is skin in the game everywhere you look with the Board and managament.
Tellingly, the new director had been loading up on market to the tune of 2.4 million shares, and all the Board receive half their fairly modest wages in shares. This is highly unusual and strongly suggests a high degree of convinction from those in the know.
The CEO is the number 1 shareholder and recently took his entire salary in shares! That is some serious confidence. I mean who else does this other than Elon? I suspect he was keen to take advantage of the current cheap share price.
It all only adds to my confidence that we're onto something really big at ground zero. This is where the really big bucks can be made on a modest speculative investment.
How many ASX stocks can you currently name where you confidently expect to turn $5k into $100k in a 2 year time frame?
Like you, I've accumulated plenty around the current share price and genuinely believe I will make well over a million dollars in gains.
Good luck to us on our voyage up.
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