A solid improvement in the quarterly. A few nice nibbles of volume this week very little volume on the supply side.
Another $700k financed and still alluding to a large facility to fund the 100 ordered cars and beyond. That facility being secured and the size of it will be the catalyst for a re rate I believe. I think it may be in the order of $3-5 million given the $1.5m got us 65 cars so we must be looking at $2-$3m to fund the 100 plus.
A large facility will lay the tracks for solid growth and that in turn may be enough to get us over 6 cents and into option conversion territory.
A 10 cent share price gives a market cap of around $20m which is potentially very fair for a business with a fleet of over 300-400 vehicles and the revenue they would generate.
The RaaS video also spoke of sector consolidation which is interesting with Turo launching here earlier this month.
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Mkt cap ! $3.488M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $520 | 40K |
Buyers (Bids)
No. | Vol. | Price($) |
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1.3¢ | 349732 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 60000 | 0.011 |
1 | 180000 | 0.010 |
1 | 200000 | 0.009 |
2 | 495124 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 349732 | 2 |
0.014 | 111835 | 2 |
0.015 | 94000 | 2 |
0.016 | 505674 | 2 |
0.017 | 101771 | 1 |
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