gorm, its probably not that undervalued in the current market conditions. However it would be way undervalued if MVH starting winning a decent portion of the millions of $$$$ in contracts they have out. Exciting technology. Frustrating with managements BS time frames with expected contracts. Management said last quarter they expected to land a high portion of the $10 million or so they had out in contracts. Still waiting with no news! Now they said they have over $15 million out in contracts. Great tendering for so much, would be even nicer winning a contract or two.
Noggie Read disclaimer below
MVH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
