The fudge factor you refer to BL could well be the forecast HPMSM sales price of US$3,170 (off memory). This is close to three times the current price. I appreciate demand for EV's is forecast to increase rapidly over the coming years which will put upward pressure on this price but for mine there is a significant risk demand for EV's might be slower than originally forecast (especially if there is a world wide recession).
I also really like this project (story) and want to see it work but would like to see more evidence of the existing business working before buying a position. I have seen way too many resource companies develop new stages to projects, before getting their house in order on the initial stage. It's like throwing fuel on a fire, especially if the next stage also proves to be unviable. I will say this has to be weighed up against first mover advantage which E25 clearly has right now (case in point the recent deals done) so I appreciate management are in a tricky position.
I look forward to seeing the next quarterly report for clues as to where they are at. Another break even or cash flow positive quarter would certainly be a step in the right direction.
- Forums
- ASX - By Stock
- Ann: Stellantis complete first equity investment of US$15M in E25
The fudge factor you refer to BL could well be the forecast...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add E25 (ASX) to my watchlist
|
|||||
Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $52.20M |
Open | High | Low | Value | Volume |
24.5¢ | 24.5¢ | 24.0¢ | $15.34K | 62.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 41909 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 13600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 41909 | 0.240 |
1 | 4000 | 0.235 |
4 | 154847 | 0.230 |
2 | 27272 | 0.220 |
2 | 45000 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 13600 | 1 |
0.250 | 53136 | 6 |
0.260 | 5000 | 1 |
0.265 | 1686 | 2 |
0.270 | 23980 | 2 |
Last trade - 15.32pm 21/06/2024 (20 minute delay) ? |
Featured News
E25 (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online