Good to consider some comparisons, note if BLK continue to demonstrate turnaround and the market works out they are not going broke or running out of money then we will get a significant re-rate. There is only one direction this can go if a turnaround is confirmed. I would hope within six months we are looking at a MC around $150million and within 12 months circa $250 -$350 million. This can happen, I watched it unfold with RED in 2019. It's a shame i didn't buy in when RED was hovering around 6 to 7 cents a share for months on in, now circa 30cents plus.
BLK Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
