Post by
1scratchgolfer on Aug 13, 2021 12:21pm
hugely undervalued
IMO, the dismal performance the past few weeks is due to a combination of profit taking from those that participated in the May 4 private placement and the sh*tf**kery in the OTC pinksheet market. The short-term catalyst will be the uplist to OTCQB. The medium to longer-term catalysts will be ongoing progress toward commercialization. At USD $41m, NEO should trade at least 4x-10x higher.
As many are aware, there are many EV battery/material plays with zero to little revenue such as QS, MVST, RMO with market caps of USD $900m to $9bn.
Even HPQ which also has no revenue is worth USD $160m.
While I'm not bashing HPQ, consider these facts: HPQ doesn't have Si anode tech. They only have the ability to produce Si powder (raw material for anode), but they licensed the technology from Pyrogenesis which entails royalty payments when they do start generating revenues. HPQ has ZERO patents. NEO has FIVE patents. NEO has 13 NDAs vs only 2-3 for HPQ. NEO's board of directors and advisors is arguably much better than HPQ's. HPQ insiders have been selling their stock, while NEO insiders have been buying.
Comment by
VanderVader on Aug 14, 2021 7:07pm
very good analysis. not only do i want to agree, but its logic. 1.40 or whatever it got to was too soon. we want the power to come from a wider market share (notably the upgrade out of pinks). the fact it went so high with a measly canadian-only market shows its potential