Hi there,
I really think you are missing the point here.
There is just no way they would get any type of finance for purchasing busted up old machinery that you seem concerned about.
This is a super low MC for a business that is operating in an excellent growth sector.
While not technically profitable at this stage, it has excellent positive EBITDA for this stage of growth.
I think it is an absolute steal at current prices.
Not building a position at these levels would be the only massive miss IMO.
It might take the full year results announcement, which you would expect to be very good, to get a bit more attention from the market but, whenever that happens I would not be surprised to see SP build up to the 85c to $1 range.
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