RE: 10p by xmas chaps!29 Jul 2018 13:24
I find it hard to gauge a value, i invested based on low mc, cash in the bank and promising sector they are in, combined with some of the unique patent protected features in their technology.
I have to concede i do not really understand the mechanics and drivers in their market though - product lifespans, speed of tech change, competitors etc.
Their stated aim of 17-19 million revenue by 2022 is interesting as they appear keen to clarify these figures are not forecasts and also talk of multiple areas they believe offer new markets for their kit, and there is the uncertainty surrounding the potential with their global partner - might be huge, or may take longer to bare fruit.
I plan to hold these for the longterm as if they hit the suggested figures, find new markets to exploit and the global partner work comes good seems not too ott to hope for a 100m m cap over the next few years.