In my opinion this is a stock which - if all continues to plan - will be worth at least 5c or 10c in 2 - 5 years from now. This is based on forecast earnings assuming conversions continue.
But again, IMHO, I think you are dreaming if you are expecting material price gains in the next few months or even a year. Remember they are still losing money even if "Cash Flow Positive". For me this is a stock for the bottom drawer. I will continue to accumulate on evidence that the GWh conversions are continuing and share price remaining reasonable.
For me the biggest risk is not necessarily the negative client reviews (although I agree these are not good and not indicative of a viable long-term business) but the potential client churn in 5-7 years time (partly on the back of these client reviews, and partly on increased competition). But I see definite potential to make money in the timeframe between 2020 and 2023.
But for now my advice for everyone is to take a chill pill.
btw I think the company would do itself a favour by having a share consolidation, it is hard to take a company seriously which has 2.5bn shares on issue at 2c each. If we had 50m shares on issue at $1 it might be taken more seriously.
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.52M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $20 | 160 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 478414 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 50278 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 478414 | 0.120 |
1 | 50000 | 0.115 |
5 | 703732 | 0.110 |
1 | 50000 | 0.086 |
1 | 20000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 21340 | 1 |
0.130 | 448145 | 6 |
0.135 | 462500 | 4 |
0.140 | 470000 | 3 |
0.150 | 8000 | 1 |
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