I'm not sure how this would prove how "good" anyone is. The stock is yet to trade on fundamentals largely because the SOI was constrained due to the IPO. What you're looking at is speculation; there isn't a buyer for their technology and their tech hasn't been verified independently or produced at scale.
Effectively they have what many other universities doing battery RnD have, they've got an idea. Is that idea is worth $2 billion? Is what they have currently a fundamental game changer in regards to lithium based battery tech? Should they be worth several hundreds or thousands times more than say a company like RFX ($85 million MC) that has a unique game changing battery that is ACTUALLY in production and has been applied to commercial applications? Should they be worth as much now as Northvolt is currently worth?
I haven't seen anyone try to justify the current MC, even the IPO was priced to perfection for a company without a customer.
I'm not sure how this would prove how "good" anyone is. The...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $86.42M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $11.52K | 87.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73854 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 32588 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LIS (ASX) Chart |