I can see that there is potential and justification for those with a positive view to hold. But, it is a long road to commercialisation. They forecast approval and production 2026 so realistically commercialisation probably not until 2027. That is quite a wait.
MC of $100m being cheap is a quite big call - that would be a share price of $0.60.
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Open | High | Low | Value | Volume |
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---|---|---|
1 | 7318 | 4.9¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 113070 | 0.048 |
1 | 28400 | 0.046 |
1 | 40860 | 0.044 |
1 | 200000 | 0.042 |
Price($) | Vol. | No. |
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0.050 | 82097 | 1 |
0.053 | 10103 | 1 |
0.058 | 57400 | 1 |
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