Post by
1student on Apr 18, 2024 9:04pm
Is NanoXplore's Share price Overvalued Or Not?
You, lire1, said you are not convinced that the NanoXplore shares are overvalued at current share price points.
We note NanoXplore's book value per share is said to be at $0.65.
Had I considered solely such a book value to share price figure, I would not have bought a single share until the share price was taken down to NanoXplore's book value per share price.
Obviously, it's more about all that NanoXplore represents which had me looking beyond such a $0.65 book value per share price.
- It's been said that NanoXplore is valued by equities analysts more so as a proprietary technologies employing graphene manufacturing and graphene enhanced products process manufacturing company and also "a greentech" company; and yet, not one $70 Million Canadian Federal Government Strategic Innovations Fund grant for this supposed proprietary greentech employing company has been awarded to NanoXplore.
- This recently announced proprietary "dry process" graphene manufacturing method is said to be even more greentech and environmently friendly than NanoXplore's previously employed graphene process manufacturing method; and yet, no Canada Strategic Innovation Fund grants to be had by NanoXplore.
What's somewhat troublesome would be that NanoXplore is too much of a black box type of operated company for it's representatives to even try to seek to have audited, qualified, quantified and certified just how much less CO2 emissions are being emitted by NanoXplore's employment of it's new "dry process" graphene manufacturing method vs. the previous graphene process manufacturing method; necessarily doing so in order to seek to monetize, by way of attained and then sold forward CO2 emissions reduction credits, such proven reductions in CO2 emissions attributable to NanoXplore's new "dry process" graphene manufacturing method. This represents a presently untapped revenues stream which would go straight to NanoXplore's bottom line.
Needless to say, I have a lot of money tied up in this company; and yet, that will not keep me from speaking to certain specific issues. Another one of such issues is as follows.
NanoXplore could be thought to be (I am not suggesting it actually is) in imminent danger of losing it's industry equities analysts awarded multiple to it's share price, which would be supported by equities analysts suggesting NanoXplore is "a technologies" company more so than what others could suggest NanoXplore as simply presently being, i.e. a simple industrial company sporting a share price reflective of NanoXplore being impacted by it's inability to actually attain and necessarily sustain net adjusted poitive EBITDA for more than merely 1 single quarter per year, if that.
Finally, I'll point out that NanoXplore does not have enough cash on hand with which to seek to effectively employ the previously approved of normal course issuer bid, so as to seek to prevent another short sellers community attacking of the NanoXplore share price and what would result therefrom.
Those previously concertedly acting investments managers and their fully serviced clients (you'll recall what took place August 27th through December 3rd of 2023) could have already elect to come back for another kick at the NanoXplore short selling can, so to speak.
I could be absolutely wrong here. Never the less, It seems quite likely this is "a dead money position" for 2023.
The NanoXplore share price pump was had by Mr. Rocco Marinaccio and family and friends. That's it's done with now.
Who Knows and "who" is not telling.