Captain - would you be kind enough to point out where these facts come from: "a ev needs 1lt of anteoX each, pricing of anteoX is $400/lt"
Rough estimates like these are rather important to be stated by the company regularly to allow potential new shareholders to do the back-of-the-envelope value calculation quickly.
In reading the recent presentations by the company, within the presentation itself there is nothing to guide the price-per-unit in back of the envelope calcs. If I instead use US$100/vehicle, Mercedes-AMG only, and apply a solid risk factor ... well I have a starting point about 3x shorter compared to starting with AU$400/vehicle.
They can hide the "facts" over a few pages of presentation - but if the presentation doesn't have a few numeric anchors that can be multiplied together - who are they trying to help?
ADO Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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