I raised concern what feels like 2 years ago on how the company justified a $3bil market cap.
$700mil looks better but it is still based on a lot of faith. No forecast earnings for the next 2 years in fact the forecasts indicate a $100mil loss per year. I do not question the science I am more concerned about who gets to market first. No doubt there is a lot of upside but not convinced the management are going about it in a manner to instill confidence.
Happy to be wrong on this one but just cannot bring myself to invest. Would want to see some real revenue first or a company review that I can understand. Too many company write-ups I have seen focus on the big sky in 4-5 years but have very little on the journey to get there.
opportunity, page-19
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Last
$1.57 |
Change
-0.210(11.8%) |
Mkt cap ! $1.792B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.74 | $1.52 | $15.63M | 9.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5127 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 39613 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |