Undervaluing EXRO In these markets which I believe will continue for some time, I think most if not all of you are way off base vis a vis future share price targets.....
Just sit back and think about this for a moment:
- Dozens of multi-billion dollar markets for two patented technologies
- Several validation projects well underway
- A manufacturing facility in the works (which means validation is no longer an issue
- A quality mid to upper tier management team and board that will only get stronger as time goes on
- Full government support for electrification in multiple international jurisdictions
- Products that deliver competitive advantage that will in turn drive broad based adoption of the technology in the next 3 to 5 years.
I could go on.......
They will dual list on TMX and Nasdaq within the next 18 months. They will raise USD 300 million at a per share price of no less than USD $7.00 and that will allow them to expand internationally by way of manufacturing JV's and independently. Licensing deals for the largest OEMS only.
Once this takes hold, (18 to 24 months) EXRO's share price climb and eventually exceed USD $100 after which
the big boys will want to play...... all those companies that are currently non oems but are pretending to be through their investments in companies like Rivian etc., etc., etc., They have cash that is burning a hole in their pockets and they need to put it to use.
Execution, Execution Execution.......
These plays are not valued using traditional valuation methodologies...... period.
Be patient......
Best to all.....