Well this was not unexpected. And the share price was around $0.11 just before they announced the MOU with CAT circa June 30 2017, so will it retreat to that? Maybe, in the rush for the door tomorrow.
But ask yourself: has the tech improved since then? Has it been further de-risked since then? Have they signed up more partners since then? Can CAT be replaced?
Will be an interesting week for holders, lets see where the dust settles by Friday's close.
GLTAH.
Ann: FBR and Caterpillar discontinue MOU, page-41
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