spozzie: on pre revenue valuations: you can’t compare an iron ore producer with a potentially disruptive technology like AKP: Forrest had ready markets with known supply quantities, all he had to do is dig it out , build the rail and ship it. I would gladly take on a valuation with all the known knows. Here we have distinctly unknown ( really) markets and buyers. I’d rather look to the likes of Appen and NearMap as illustrations of MC models. Analysts did not touch them without revenue history. IMO it’s a must to discount future speculative revenues heavily and therefore not be over-hyped. Near term there are many bumps on the road
AKP Price at posting:
$19.10 Sentiment: Hold Disclosure: Not Held
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