Lack of following by the big banksI am not surprised at all by the total absence of reaction in the stock price today.
At a basic level, Soroush and cie keep on delivering the goods, i guess, on their 5 year plan. Sales up, margins up, a secret large OEM deal, etc, etc...
All of this, in my mind, is an absolute necessity for GRA to maintain its actual market cap, at a multiple of sales. So, there is already some good news incorporated in the current stock price.
Now, to lower the cost of the future capital that GRA/Volta will need, the stock price should move higher.
But to move higher, you need more believers than sellers, obviously. And for myself, i haven't been buying a single share since the stock moved from around 8$ to its actual price, and i do not intend to buy because there is no way i can build a financial model with the scarce data/information that the company allows us to see.
So, a lack of information/news flow, combined with no research from any of the big 5 banks, and i am left hoping that things will keep on getting better but no desire to buy more because I HAVE NO IDEA WHAT IS GOING ON! So please, Soroush, up your IR game.