Due to the 20+million shares At 16.67cents I believe sp will move sideway (20-26 cents) next 2 months till Q2 updates in July/Aug.
Am hoping we see a 10,000 units quarter in Q2 and price will start to move north of 35 cents
If we do 12,000-15,000 units the following quarter I believe we sp will get to 60-70 cents. We could see a few spikes when they announce the large orders from share riding companies or similar Ducati deals. While the focus is on international sales, the domestic sales could pull a surprise given that China is such a huge market and young people like trendy stuff, 10,000 units a quarter from China is a drop of water in the ocean.
Hope to see $1 in 2021, i certainly wouldn't mind getting there earlier. For stock price to rise quickly they must be hype and excitement. As more articles surface on change in preference of commute with electric bikes/cars leading the way, we would then be seen a covid play.
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