RE:RE:Watch out below if VoltaXplore does not get the go aheadHello Lire02,
Don't get me wrong, i too believe in the main markets that GRA has focussed on. But the numbers do not add up if GRA is priced as a manufacturer of high tech goods. Look at GRA partner Martinrea....850$M market cap with revenues flat at around 3,6B$ last five years.
NanoXplore is doing all the right moves for their graphene enhanced products, but too slowly to my taste. And VoltaXplore is moving at a snail pace if not at all, as far as a minority shareholder is concerned.
So if we want to maintain that pristine valuation at around 7 times sales now. sales of graphene will have to pick up soon( 12 to 18 months) and the battery side of the business has to work. If not, the actual very generous pricing will come dowm IMHO. That said, i am not selling what i have left and will hold as long as i see GRA as a graphene tech company, player in the fast emerging battery business.