RE:RE:Sumitomo Corporation Power & MobilityThis could be a good time to get in. Coming up in two week or so will be Qtr 2 earnings report and conference call. Earnings are expected to be good and profitable. Conference call should provide more details. I am assuming that modules would be exported to Japan from Canada. Some of the Canadian production will be pushed to Jamestown NY in a couple of months as the HI and LO voltage module assembly lines start up. These will be for Raymond mostly and Electrovaya will recieve a rebate from US IRA thus increasing the 30% gross margins.
I just do not see any reason why the share price would not be going up. I have been wrong before though...