After looking closely into this issue, I think this is worth 74 cents right now, and even if they accomplish half of their plans only, within 3 years this is a 2$ stock. Longer-term if they execute well which I think they will, this business could get to a 1 billion AUD EV or about 12 times the current price.
The risk here at this time is Execution and key terminal risk, I think 50% risk to 50% drawdown.
Wait till the Americans get wind of this new issue.
Valuation
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.591M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 174128 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 75000 | 1 |
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| Last trade - 16.12pm 24/05/2024 (20 minute delay) ? |
| ABE (ASX) Chart |
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