Things we need to keep an eye on are 1.Canada E4 commercialisation and ramp up. 2. Novast partnership. Seems like nothing happened after the announcement. 3. Myring. Not interested in how much revenue it will bring in, probably less than what we thought originally. But hope it will push up share price by 10%. 4. Write off. 5. Its pipeline.
if all goes well in 2-3 years, $2-$3 seems possible. If E4 doesn’t meet expectations, 30 cents again.
more importantly, management need to be replaced, this determines how above goes, south or north.
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