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The market (people) are preoccupied with crap and overall tech headlines. This is a bargain to me. Love the price action. Bought another 120k shares down here because of the tax year action. Analyst 3 year target is $4. Give us 1/4 of that and it’s nearly a 5 bagger from here regardless.
Hard to believe, but that’s how the market works. It either pays too much, not enough or doesn’t know. The company has told everyone what they are doing. People either believe it or they don’t. Right now, they don’t believe anything even after the yanks just plonked over $11m on the table and the plant is being built. This is one of the worlds best growth markets tied up in one of the worlds leading companies backed by the Monash uni. Market will figure it out one day. If this was 50c now, people would still be asking the same questions. It’s probably cheap. Dyor.