GREY:SXHHF - Post by User
Comment by
GACABon Jun 07, 2010 2:07pm
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Post# 17165345
RE: RE: RE: Nice! Analyst coverage
RE: RE: RE: Nice! Analyst coverageI personally think the 10c 12 month target is low (to take account of uncertain factors at present) and yes of course if you were holding shares at 60c then your opinion of management etc is going to be different than if you got in at 4.5c.
If they do deliver on only a couple of their chosen markets and capture a small percentage of these markets, the share price in my opinion could get back up to 60c (assuming the terms of the licensing agreements are per Management's strategy and they issue no more shares than 351M i.e. current fully diluted position today).
The bottom line is, an Investment in Sonomax today is about whether you believe in the product, the strategy and whether Management can deliver on that strategy over the next few years. Momentum appears to be building, with the recent Collaboration Agreement with Dynamic Ear, the new Director on the Board, Analyst Coverage and per Management a few licensing agreements with OEMs to be announced before the AGM or by September 2010 at the latest.
I recommend SONOMAX as a SPECULATIVE BUY.