RE: Fair price?16 Jan 2023 21:40
Currently we are in the midst of a weak market controlled and manipulated by shorters, market is littered with gamblers and traders who have very little investment savvy just buying the next punt and wave. All of that said it creates opportunity. So to answer the question what is a fair price for TEK. As highlighted by I.C a simple Nav rec shows we are undervalued but this is a small part of the potential true value. Trading brigade don't have time to wait for potential and future value but this is where the real money will be made.
So where will we be.
Microsalt for me is a life changing company and very likely to be worth multiples of the current market cap on its own. In the current government led battle to lower Sodium content any product that can do this without affecting the flavour is quite simply a golden investment. The salt shaker is already gaining massive traction. Float looming large hold very tight for this one TEK investors.
Belluscura Another life changing product for many many people. Belluscura I doubt can currently meet demand look at the numbers going forward this will be a telephone number 2 years out patience is all you need, assuming it doesn't get bought out
Guident 2 companies in one Shock absorber business imagine what happens when one of the big boys puts these in to their vehicles. Autonomous vehicle monitoring not big yet in the UK again investor naivety missing what is happening across the pond. 2 paying customers already I suspect this will accelerate pdq over the coming months. Both of these valued at $18m in Tec Markets and traders will be what they will be but sorry this is the wrong figure, each element liekly to be more than Tek current market cap
Lucyd again shareholder are blind to what is going on here even the US is asleep with this one. 2 recent collaborations with Nautica and Bauer huge deals. Brand awareness will go off the scale when these launch. The old glasses were decent but the new ones with extra speakers in the arms will transform the product. Lucyd valued at $9m ip is worth multiples of this figure. Expect rapid growth this year they will do well to remain independent fortunately TEK controls this for now.
I suspect we will be several multiples of current price by year end
AIMHO