Post by
ScarletSpider on Nov 01, 2023 6:48pm
I have stayed away from talking stock value
But a bid of .015 is stupidly ridiculous to say the least and in fact I have agreed with people stating this is trading low for where it should be trading. I am but a lay person however my reasons for saying that .015 bid is ridiculous as well as agreeing this is trading too low for where it should be has everything to do with the bts. If people take the time to read through all the news releases from the time the company was considering to acquire and then successfully acquire the bts there is a few key things to consider. One from my recollection if I am not mistaken the bts is generating an annual revenue of 10 million dollars and 2 this side of the business is self sustaining and 3 due to the tech it is allowing the company to add new products and not only go from a manufacturing point but also expanding to the processing point.
While the bts resulted in about 63 million in equity dilution and has resulted in the drop of share value I don't believe people are assessing things properly as to what we have and a quite like blow up and steady share value. To add to this when people look across all the news releases in regards to the company's clientele in all the trade shows the tech is being embraced with lots of desire to have and will most likely when the bank rates drop see production pick up with most likely several contracts.
From my time with solar the winter months seem to be typically slow and what I notice perhaps I am wrong in saying this the solar seem more bell weather in the sense that as spring comes there seems to be an uptick with the biggest growth in summer back to declining in fall to winter. Bell weather cyclical whatever you like.
The news releases have actually been hinting at potential contracts I can't remember if I read that the company is in a few nda with several partners at a fairly advance stage don't quote me on this as I may be mixing news releases up but as to my recollection I will look. But this stock since 2021 fell way too much like others and is not justifiably this low other than not hearing of contracts. I am willing to bet they will not be long off in coming something I think may happen in the first quarter. I don't believe we will hear about anything through the rest of this year but this is my opinion only. I personally value this stock based on the bts and all that I said along with the fact this company does have huge clients historically speaking like LG Chemical December 13 2016 news release if I am remembering that release correctly speaks volumes to the caliber of companies Aurora is supplying although the more important factor is revenue not just big names even so I put this value at no less than a nickel however I am happy to acquire between .02 to .03 at best so I do have the option to trade out at .045 to .06 at the worst as I am not looking anything less but ideally .10 or higher. But a .015 bid is criminal I don't care whether the press will take a bit of time to get here just in all ways is worth more than that insulting low ball bid...like I said I personally place fmv as a lay person for the reasons given at a nickel. Having said this with my experiences in junior solar based stocks I would no longer be looking to pay more than a nickel for them and realistically as I said .02 to .03 so a nickel low sell point if not .10 and higher. This stock reached over .65 at one point. I don't see any reason in the coming year that this can't reach .10 to .20 contingent on a few contracts but it shouldn't do less than where it should already .05 to .10. In any case, anything under a nickel is a good entry more than a nickel no it is taking a risk and eating away profit.
I will be interested in seeing what this company can do the key is to fend off dilution 222 million shares is quite a bit but given that I see many other companies at 400 million plus that's not bad by today's standards. I prefer old standards of no more than 100 to 130 million with pennies otherwise the share values stay quite low .05 to .20 on average when companies are doing OK contract wise. Egt gers hammered due to its high outstanding shares so companies need to be mindful keep the count to 200 million or less otherwise most likely end up trading at no more than about .20 due to the overall revenue not being able to offset the dilution to any great extent.