Took a look at financial statments and 2030 strategy. Financial statement documents look unlolished and crappy to be honest, and not with too many details besides mandatory things. On the other side idea with BESS aligns with majority of serious BESS providers. I am bit impressed with level of technical information and what they are trying to achieve with it. On the downside CAPEX for such cases is high, but so can be reward in shortages where prices goes up which is 25x the average price. I tried to sum things up via ballpark value and it doesn't seem that company is so undervalued. The positive things is that team obviously knows what is doing and what tried to achieve to open new income streams with existing assets. At the moment it doesn't seems to me that this is potential tenbagger, however it can surely deliver steady and good returns in future years without too much volatility, even without buybacks. At this price even with just taking eye on company I am thinking about entering, and if it overperforms (ability to break barriers and utilise BESS services will have impact on it) then I will gradually increase positions. From what I see stock declined almost 99% from ATH, so many are cautious.
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Thanks for your insight
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