yes 100% but the difference between $2 billion MC and $27 Mill is a pretty big market correction. We all knew it was overvalued and I'm sure a large some was made by many. But I'm sure some are also on large losses.
There are 2 companies already commercial and making revenue. Both in areas of large government grants and funding. If you value the LIS shares at 50% from here, that's $13.5 million. What about the 2 companies that have $20 million and $? Million in revenue already? CIB alone got 1 just 1 govt contract for $30 million. Assets of $43 million across the companies I believe (don't quote me on that one) and cash across the companies of close to $28 million.
And you get all that for a price of 31c ps and a 27 mill market cap. Even shitty morning star value us at 60c lol
PPK Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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