How to value this thing? Forget profit, even brokers are saying at best it will generate a small EBITDA by 2024. That's still 2 years away, if MP1 can't even generate positive EBITDA there ARE more dilutionary capital raises on the way. You can't last with negative EBITDA without doing periodic capital raises to cover the operating losses..
Lol I think I will wait a week and then buy 100 shares, just so I am on the share register.
When public companies want to do capital raisings and they are not in favour with the market, those raising can be done at incredible discounts to the share price.
Just go back to 2020 and see all the juicy opportunity for those that could participate in capital raising trades!!!.
Well this is my game plan for MP1
MP1 Price at posting:
$5.95 Sentiment: None Disclosure: Not Held
