RE:ANATOMY OF THE FLOAT AND UPSIDE POTENTIALI have been consistently buying Nano One shares since they broke down below $3. Started at $2.93 and got my lowest tranche at $2.35. Now I begin the journey of collecting more shares on the way back up to $3.
Nano One is a long term buy and hold for me. A ~$2.5 billion market cap for Nano would be a 10 bagger. Assuming no further shares are issued, a $2.5 billion market cap would equal a Nano share price of ~$25. Seems a long way away from where we stand today. But the business hasn’t even started yet so patience is a virtue. And as stated above, things can happen fast when the share float is tightly held.
Not everyone gets to find 10 baggers in their career. Nothing is ever certain but the outlook sure does look encouraging when it comes to Nano One.
good luck to all the longs.