re reasonsThe recent RM trades were no guesswork on my part, I just called the company and asked. I was not pleased to see all the negative comments directed to someone who chose to do a private trade for his own reasons, and then was subject to character assasination.
I will however go on record as saying I do not want a Tesla deal, nor CATL or anything like it. GRA is NOT in the big leagues. They have neither the horsepower nor the bargaining power to survive there. GRA is a small player in the game, looking for a specialty product with solid margins and a stable loyal customer base. They perhaps can make specialty cells that will be more profitable than trying to compete with CATL that is dropping prices, and Tesla that is maniacle about cutting costs. When they cut costs, it means their suppliers get lower margins. GRA cannot afford that. There are many applications for specialty cells that can afford to pay higher prices for a custom product, that is the markets to find and work with supportive customers. Getting in a race to the bottom is foolish.
The recent strength seems just a recognition that this company is finally getting close to it's stated goals, they are being more transparent, and announcing the kind of long term orders we have all waited for. There does not seem to be any great "they" that are manipulating the small investors for nefarious means.I have never believed that, and this stock certainly has no sign of anything like that.
The new IR guy seems genuine, knows the company well, and and is direct. If we get clarity from federal and provincial governments soon, (and many other companies are waiting on that too ) there is a lot that could happen here. Dr SN has been as transparent as he can be over the last year, but he was at the will and timing of others, that looks to finally be getting sorted out. I think that is all there is to this rise. If we get to June or July with no clarity on Volta, the shares will likely languish, as they should. I do not see any manipulation here at all, just a small company growing as best it can.
Now we can focus on growth, and getting the 5 year plan on track. The next 3 quarters do not matter much in terms of volumes and margins, this company cannot grow during that time, but they can set the table for fiscal 26, and that is where I will concentrate my analysis, such that it is.
The very best of luck