Sell now. Don't buy a stock that has potential, revenues on the way, and more in the pipeline. Buy more speculative stocks that will have no earnings potential, and BS technology.
Why? Who wants a company that is actually delivering what it promises, be is on a large time frame delay.
I think it was blokes who posted what deals/alliances slt has cemented etc, with 10 year plus or so contracts, which include up front royalties and revenues.
So the final word is sell. The believers will be handsomely rewarded and buy the loose stock.
If you think it is a ramp, then sell. I have been actively buying and putting my money where my mouth is over the past few days.
One thing that truly amazes me is that some people who have bought and posted on this stock didn't know the potential and size of this deal, and its relation to the other hep deals.
Revenues on this deal have been stated as a minimum target.
I recall meeting with management a long, long time ago at a presentation for investors/brokers etc where they forecast revenues for the hep a to be around the $5million pa and hep e around $1million pa once full sales were ramped up. Your guess is as good as mine, but I would say this will around 2 to 4 years to achieve.
What some investors have also forgotten, is that the market looks into future earnings, thus slt WILL be re-rated.
Noggie
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