RE: Truspine30 Jul 2020 15:03
JM
My guess, and it is only a guess on my part, is that the hold up may have been due to the length of time to obtain the patents before going to market.
If the forecast profits and sales have been conservatively assessed in the paper accessible on the internet, then the market value of Truspine should reflect the forecast losses in Y1 but significant profits thereafter. I would refer to a previous post of mine and do the maths. Factor in your own reasonableness of the Truspine forecasts and risks and you get to a proper valuation. That valuation will be personal to you. I know why I am invested in PRIM, the question is, do you know why you are invested in PRIM?
DYOR, don't rely on others.
Wolves