GREY:XEBEQ - Post by User
Comment by
tamaracktopon May 18, 2021 10:00am
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Post# 33221316
RE:All time high
RE:All time high"how long it will take to get back to the all-time high or do you even see us getting there at all?"
We'll get there all right, but asking when is a tall order. You've been here long enough to remember when the stock first hit $5, and someone asked how long it would take to go to $10. My reply was that it would have to go to $8 first.
We've already been to $10. It will have to get back there before it gets to $15.
In answer to your question, I'll add to the other comments here by saying that a prerequisite for it doing so would for sentiment towards this sector to do a 180, and for the market to see massive capital inflows and a doubling or tripling of revenue multiples. After all, Balllard's and FuelCell's trailing multiples have been halved, and then halved again. Xebec just won't have a chance in the next year without multiple expansion.
Can't say the same for Plug. It didn't have any revenues to halve the multiple.