I've always contended that .04 is my FMV target for XKEM. We normally trade in the .021-.024's which from what I can tell is a RISK premium that's associated with this stock. Until the picture becomes more clear and revenues start to fall in line with expectations there won't be any sustained move IMO.
We've got loan news and new investors but it's still Nigeria, still no real revenu and it's still the same management/marketing teams. As these things start to come in-line with the potential, the risk premium will go away and we can start talking P/E.
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