Validation = Value
Pitt Street were clear that pre revenue tech stocks are valued on their tech.
Pitt Street valued us at $1.59 in June'24.
They included reasons for that value - see page 19 of the report.
Since the report we have had a slew of good news validating our tech.
These include:
Tech advances such as aTENNuate, Pico and the M 2 Card.
Also plenty of client validation:
US AFRL AF transition to the Edge.
Bascom Hunter AKUDA 1000 and 1500 chips for the Navy transistion.
Onsor
Frontgrade for space.
Plenty of Client Validation.
I would suggest now that the $1.59 Pitt Street value now very light on.
More to come.
Pitt Street were clear that pre revenue tech stocks are valued on their tech.
Pitt Street valued us at $1.59 in June'24.
They included reasons for that value - see page 19 of the report.
Since the report we have had a slew of good news validating our tech.
These include:
Tech advances such as aTENNuate, Pico and the M 2 Card.
Also plenty of client validation:
US AFRL AF transition to the Edge.
Bascom Hunter AKUDA 1000 and 1500 chips for the Navy transistion.
Onsor
Frontgrade for space.
Plenty of Client Validation.
I would suggest now that the $1.59 Pitt Street value now very light on.
More to come.