your'e welcome, this is now my only holding due to my confidence, so i liken it to just having 1 child that i monitor very closely. Im not really sure what the MM will do in the next 2 weeks, i often find pre RNS there is an attempt to drive it down a bit but the 5.3 area was very popular and i hope that what has been posted on here will help others sit tight and await the real growth to come, there are many who will not even read these boards so they can sell. We were approached by over 10 major motor manufacturers which represent 60% (or 60million cars in 2020) why did they approach us after CES. At $10 a unit that's $600m pa in fees. You can use what PEx you like but in an area like this 15 seems very low, its why im looking longer term (say 10-15yrs) at 100x current price but just cannot see this getting there, someone will snap it up before. Anyway 10x current seems minimal considering the areas we also are working in but lets get this year out the way. Analysts will only need to see a few more OEMs agree and understand the adoption of technology and the rest os history.......i haven't even mentioned sam's son :) DYOR as always nothing is guaranteed but i am happy to sit on my holding for some time to come.
thank you both
Thank you both for the input. I had put this in the PF with quite a long term target before the naked trader started buying them up. I notice he still has 4 open buys on this, which is encouraging, with all of the interesting posts on here and in the news, I intend to research what has been said and potentially increase my holding, wish you all luck!
Late April RNS followed by 1-2 a few weeks later, if you want to add get in sub 6p and leave until late in the year and set another target based on revised potential on RNSs. Just read the Finncap report again with all the sections i highlighted, i will re-post the link for anyone who hasnt read it (if you have not read the finncap report ask for it on here) i will gladly post it again and you may get the picture why are a little bullish on this if you have just joined
RE: anyone else considering buying ..
Chris, I haven't been here as long as you but I have added a number of times. Basically when I do some research or read the other excellent research shared on this board i become convinced of the future value of the business and I add more. I believe the commercial fleet launch is transformational as it should include details of sales so the market will surely take notice. So my view is that there is not much time left if anyone wants to add at a price near current levels. Then we still have aviation, additional auto OEM's and according to the finncap report a announcement on consumer electronics to come this calendar year.
anyone else considering buying more
This was the second share I ever bought, been holding it for years waiting for the day the rest of the world SEE its potential. I am tempted to add to now, anyone else considering buying more? Seeing significant value in the future.
So excited. This next fortnight is going to be mega. Wonder how hey will release the news. One big blockbuster RNS not as preferable as two or three in quick succession
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