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Friday, March 03, 2023 10:42:26 AM
This churning is very healthy for continued upwards momentum.
Just remember folks this was trading at the equivalent of about $160 on the Israeli stock exchange at a valuation of approximately $1.3bn.
Since then it’s been suggested that the valuation of the company could have increased to as much as $3bn+! I kid you not.
They have SIGNED contracts valued at $500m!
Their blue chip clients include The Pentagon, NASA and Lockheed Martin.
Their cyber security products also intersect with artificial intelligence.
This is not the typical SPAC! This is a lot bigger than it initially looks.
So with the right conditions it could easily see a LU*NR type of run and with this legitimate valuation the potential is there for it to happen.
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.
Recent HUBC News
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