Post by
ridethewinners on May 01, 2024 10:30am
comment on trading
"Although, perhaps existing NanoXplore shareholders could be benefiting from "the company" undertaking a joint venture subsidiary corporation's equity distribution?"
I do not know what this is. Why would GRA sell part of a subsidiary? Why would they pay the legal and ongoing listing costs , have a second set of financials, BOD, and all the cost associated? The Subco would, by definition have much smaller revenues, and a smaller float. Please explain.
The idea of an index fund manager buying GRA confuses me. As much as an index fund manager may like one stock over another, the definition of an index fund is just that, it must mirror the index, they cannot and do not play favorites.
When a stock price drops, it is not always (or even often) because nefarious investors short the stock. Last year it was clear the 5 year plan, and especially Volta was progressing far slower than management had led investors to believe ( and I think they were surprised as well). There was no large short interest , investors just decided to go elsewhere, and at the time GRA had no IR prescence at all, and the stock fell. I was stopped out of most of my GRA position over the last 30 months, I did not short, I just sold as the discipline I use required it, and there were other opportunities I liked better. I do not feel any "loyalty" to any stock, they are investments that have liquidity, and I chose to use it. I am not on any team, I do not owe fealty to any stock, and any investors who think they owe loyalty to any stock are vulnerable. The whole purpose of using capital markets is for liquidity.
The good thing here is that things can turn very quickly. I am back in the stock because I like the caution and discipline of management, I like the customer base they are building, and I am hoping the pace of change starts to pick up. I like the support of the management team, and they seem to have a new commitment to IR. The last point is crucial because the landscape is so large out there that investors will not find great opportunities if they are not made visible. GRA has to get more aggressive to tell their story, communicate better with retail until the market cap improves and they can start the institutional chase.
I suspect a few years from now we will realize that covid derailed the development of graphene products by 3 years. Large companies just stopped their R and D to concentrate on building whatever they could, keeping their cash flow, and managing through the mess. Now the race for lighter and better is on again, and hopefully GRA gets its share.
I apologize for the length of the post, blame the coffee
best of luck