its run on an AFR puff piece, despite increasing nearly double from the lows prior. it would now need contracts, firm orders and firm net profits for the next several years to justify a $400m+ valuation where it is now. If you look at its last few years history, it has a history of consistent losses. no profits despite volumes increasing. Its an industrial automotive supply company, and its running up like a dotcom. This isnt an EV company, it doesnt build electric vehicles. The moneys in the sale of the EV not in the supply of parts.
