RE:RE:RE: * Survey Question *
KLockett wrote: As you all know I am very bullish on Exro. Anyone express my concern on share price? The reason I say this is we are always waiting for news for a bump as we know revenues won't be coming in until late in the year. Determining fair value is difficult. Based off projects in where Exro can and will be positioned this should be a lot higher. But based off of revenues and limited orders we are probably lucky to be where we are... anybody else worried about share price prior to making money? Again very bullish on this amazing tech.
not in the least worried about share price. I can think of two companies right now that are watching and would be happy to buy controlling interest if they could. It's a good thing the float is tight or this could get bought up fast. They have the goods and they know it. Folks worried about valuation and revenue are not familiar with intrinsic value. We don't know who Exro is talking to an how far along those talks are and what they entail. What we do know from market history is the instant they sign a deal with a tier one company for a few hundred thousand units the company at will be instantly worth 10-20times valuation of whatever a years earnings will be. So say they sign with VW for 300,000 units at 4000 a unit. That's 1.2b deal and 25-% of that is 300m. A buyer if Exro would have to pay 3-6B for the company on that one deal alone. That's how it works. So you have absolutely no fear of the share price as this company is worth right now much more than is reflected in the market as they will not only sign a big tier one they will sign multiple.
I am still trying to figure out how the anylists are missing this.