Current MC is 81m at 24c according to HotCopper.
This MC is less than the first year revenue from binding MOU.
How many company do you find with such a good revenue and low MC.
Definitely some upside here.
We just have to de risk the company first.
First is China factory completed and ready for production. April!
Secondly is the CFDA, Dr is not keen to start production until we get the stamp from CFDA.
Just less than two months wait.
The SP is down, but also present a good opportunity for believer to get in. Especially those who missed the run from 12c to <60c. Next wave of bull is coming.
Market will value it a lot higher when CFDA granted.
$$$ the company may even be cash flow positive in the first year of production.
GMV Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
