RE: SP7 Nov 2017 20:40
Need remember this is AIM, there is no rational reasoning for many company valuations, what this really needs is sentiment to get behind it, in order for that to be achieved the company needs really produce regular RNS's that can get some excitement going. Only need look at likes of many AIM shares to know how valuations go bonkers, FITB, AFPO, WRN, SXX amongst many others, some complete barmpot of investments, others have a much brighter longer term future, redT certainly fits into the longer term prospects.
Get a few sales RNS's flowing should get the markets appetite, we are just getting a taster of what is to come here, could happen tomorrow or next month but those regular sales RNS's are nearly upon us, IMO of course.
A 350 million market cap is not unrealistic, we have a huge sales pipeline and the wind is behind energy storage, get market educated on its potential should help propel the future worth here, look at Tesla, nowhere near profit making, never hits a target but the market cap is in the billions.
This company is just getting started, we have outsourced manufacturing giving us GW capacity, world class sales team and an as yet unknown list of third party sellers who are accelerating our growth into key markets, the potential here is exponential over the coming years, putting a price on that today, as market has, would IMO seem a little low.