Hi Patience, Power Ledger is at 10c, was only 8c when first issued. It went close to $4 from memory and is integrated into another new solar energy trading trial in Freemantle also. Only reason it went down was the market just sees everything crypt as bitcoin, it's all the same right? But POWR is next generation and has a purpose which isn't really as a currency for purchases. It's all about solar energy trading and microgrids etc. The vision they have of constructing city sized utilities including power generation, storage and trading infrastructure and then listing them on the ASX individually, giving token holders an option to trade in their tokens for listed and tradeable shares in those local utilities is interesting. Battery storage for solar is going to be even bigger than e-vehicles. MTC needs to develop it's projects now. This year was a debacle and we need to address our leadership and management issues so that we can be a part of the energy revolution which is advancing regardless of poor wider market sentiment.
MTC Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
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