Dec. 4 at 2:31 PM
$FRSX $1.80s is out of control. Average SP over the last 3 months is about
$2.25. This is volatility due to the news.
In the March valuation, eye-net was valued at
$45M. Latest news today increased valuation to
$55M.
Eye net
$55M
3D tech
$32M
Rail tech
$12M
Market cap of roughly
$79M, implying roughly a
$4 SP with the 19.42m S/O.
Even if you factor in the dilution from these warrants, bringing the share count to 24m, you have an SP of about
$3.30.
Patience here. Don’t sell for a loss in the 1.80s out of fear. New all time now when their tech is being valued higher doesn’t make common sense.
