GREY:XEBEQ - Post by User
Comment by
Ciaoon Jul 09, 2021 4:17pm
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Post# 33522579
RE:Manipulation
RE:ManipulationSomething is definitely off. It's not as though the share price was discounting this type of news and rising in anticipation. Far from it, the share price was forecasting doom and gloom.
Their initial foray in BGX RNG custom units had pummeled the share price. They've come up with a viable solution with a standardized product and shored up management to mitigate the missteps.
The share price has gone up .08 since the BGX contract NR, or an increase of $12M in the market cap of the company. The initial MSA order from a major player is for a min of $34M and validates their BGX Biostream startegy geared towards RNG dairy industry where based on 30% market share is just under $4B in the US alone. There is a major disconnect between the share price and the fundamentals: don't know how long that can last.