CR shares were closer to 2 cents when including the value of the “free” options that were last traded at 0.8 cents each…
so the market is currently adding a premium of ~20% on the CR valuation.
hard to justify much more with a surplus supply of stock, (more to be introduced at 3.5 and 5), and of course difficultly estimating likelihood and timing of potential revenue/margins required to sustain a multi-bagging re-rate.
ADO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Not Held
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