More deals should shed light on each business as they progress, adding an independent underlying valuation from industry experts. These can then be added up to value CXL as a whole, so who knows where we will end up. PLS and lithium, Saltx and Chemical Energy Storage (if not just licencing), Windship and Green Shipping and anything out of left field in Biotech. Not to mention battery metals which is still in development, imagine that being partnered with a big player!!!
So much potential and so many unknowns make CXL one of the hardest companies to value. I think yesterday though showed the market was on the right track and it wasn't just hot air at $4, so after some profit taking along the way I would not be surprised with $9-$10.
All IMO, please DYOR and GLTAH.
CXL Price at posting:
$5.51 Sentiment: None Disclosure: Held
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