RE: Research and facts EQT9 Oct 2018 10:55
Share price
The company before was trading at 2-3p comfortably prior to Ebioss financial mess they created. So that is the fair value as corroborated by the Chartists, broker notes and historical data.
We should be at those levels now. This anything under that is undervalued and cheap imo
When revenues land (80m) and large contracts of up-to 100m are secured, these are significant multiples of the current market cap of 20m
So if we land 1 100m contact, we can almost see this significantly rising to the levels of around 8p Purely based on that valuation and we are expecting several new items to come per the CEO. This can only cause further upward trajectory