RE:2:1 consolidationI agree for the reasons i have given this is low. what people don't seem to understand is that with ppe not all are equal. the n95 require a special process and are the least produced--these surgical masks are greatly needed by front line workers for better protection. I think i threw out the figures it is like out of all the masks China is producing around a quarter to a third are of this quality the rest are not.
The reason for this is that it requires a special device that is itself not easy to make fast the average time is about 6 months although one company claims it can get it done in 16 weeks (that is if i am remembering what i read on the covidtechnologies.com site correctly) it will be of great benefit for people to understand what they hold and the sector--the face shields that ttd are making is important but not everyone will be required to wear those. the surgical masks are extremely important for the best protection but with front line workers they are most exposed when they put on and off their equipment and they don't need the extra headache of trying to disinfect them so they will always have disposable and with that they go through massive amounts--the shields will be fewer but more in cost--but any company that can produce tons of n95 fast are sitting in a real sweet spot, that is what this company is aiming to do. They will be looking to get the machine line in--again read what is on the site--whether the warrants when cashed will finance that or not that is another story these machines are 4.5 million--so we may see a fiancing at some point or not i don't know but it will all be to make more monies so good in that regards.
At the end of the day, this company is trading low and has lots of room to keep going up! Nevertheless, stocks always fluctuate so i will not tell people how to manage what they need to do--this gained 36% people smartly took some profit--people who are holding no doubt will not be happy but that is what just happens in the market--again how people handle what they need to is always personal so do as you must longer term trajectory overwhelmingly up!