Just watched the presentation again and the one thing that stood...

Just watched the presentation again and the one thing that stood out above all else was David saying
“we estimate the opportunity for AnteoX to be about $2 billion dollars”.
This is without any income from the life science sector.
We can only guess at the companies net profit if it achieved this, but at a commercial 10% (which I think is too low) and at a 20x multiple for the SP (which I also think is way too low) , we end up with a $4 Billion market cap or approx $2 a share.
Add in some income from life sciences and we can quite plausibly get to Opels $3 a share.
The SP is languishing at 3c because the company has failed to commercialise the previous opportunities, but this time looks and sounds very different.
Previously we were knocking on doors and throwing ourselves at prospective customers, offering everything for free, and being treated like minnows to be crushed, whereas this time according to David, they are knocking on our door and treating us as equals.
We are yet to sign a decent deal, but I think once the uncertainty is removed by a marquee EV company signing on, or even Trinseo or Wyon, then the market will believe we can make it happen.
I think the share market is well aware of us as seen by the ho hum response to David’s presentation and are waiting for the “Show me the money” moment.
At that time, I think we will see one of the biggest rerates on the ASX.
How long could this take, I don’t know, but a 100 bagger from here sounds good to me and highly possible.
Locked and loaded for the ride.