I'll say what everyone else in the room is probably thinking...
Nissan may cast their frustrated sale figures on 'range anxiety' & 'price premiums'.. but if you just Look at the car.. you'll know why they only sold 12,000 leafs I'm even amazed that they were able to accomplish that.
I don't mind saying, that Designers need to be able to come up with competing EV designs vs the sexy & attractive gas guzzlers in the same price range. Nissan only has themselves to blame in this situation.
People pay premiums for status symbols, and objects that others covet. It's a humbling truth in the way of the world. -see Tesla motors.
But to go back to Topic- When will this go up?
It's likely everyone, including me, wants to hear about sale figures/Lithium grades achieved so far/Price points/ and above all else debt reductions. As of now, there is great potential yet everyone sees that big red mark of 'debt' on the company. It needs to be addressed more frequently to improve shareholder confidence.
The month end Announcement should yield a positive influence on this stock's languishing price
GXY Price at posting:
17.8¢ Sentiment: LT Buy Disclosure: Held
