RE: To get upward SP?4 Oct 2022 13:51
Valuations are down across all sectors due to fears of recession and the huge increase in energy costs.
At some point, as always happens, the risks fade away and all the big money decides companies are oversold, cheap, big upside potential, and the billions flow back into stocks, pushing valuations back up again.
AFC is massively undervalued based on its IP alone. An outright sale of Alkamem would be at a value higher than the current AFC MCap. But it's the same story for many other IP based stocks.
With the list of clients AFC has, it does not need any more in order to make it worth multiples of its current MCap. Bulk sales of S Series to ABB early next year could make AFC MCap go up 5x or even 10x. It's that simple.