Great summary SS.
Hi all-- new here. I loaded up on neom after it pulled back under .10.
A couple of questions:
1) This quarter's report obviously sucked, but it seems like most here expected it to suck. Given that, how much worse was the actual than the expected? What kind of better-- but still crappy-- numbers were people expecting?
2) Given that most expected it to suck, could part of the suckiness be already factored into the share price? Wasn't this thing .20 or .30 not too long ago?
3) Obviously, we bought this for potential earnings (because we like the technology) in future quarters, versus because of its financials this year. *If* that's the case, then the action tomorrow shouldn't be based on the last quarter's report but on whether the market believes Neom has a viable product and can get it out there before running outta cash.
Is this a fair assessment or not?
Finally,
4) Anyone have an accurate sense of Neom's bookvalue? Yahoo has it around .09, which I think was based on last year's data (or last quarter's -- if anyone can clarify). If the book value still is around .09, could the stock still tank far below that long term (and wouldn't the book value be a rough indicator of what shareholders would get back after all other debts were paid if neom went under?)? Should Neom's book value set some type of floor for how low we may trade near term?
Thanks in advance for any input. I am not at all an expert in financial statement analysis, nor I am trying to pump. With regard to risk/reward, seems like there's high levels of both!
GLTA