Don't get spooked by people putting in "roadblocks" which get pulled back automatically to hold the prices down. It's easy enough to set up.
Sometimes looking at market depth can be very deceiving. Always invest for value and potential and not based on emotions and market sentiment. The best time to sell a good stock is never!
Remember - SHE is a stock with Protean that is looking to be both a provider of traditional fuels (which will soon be in a position to finance and grow independent of the main stock) and an Independent Power Provider (IPP). So there is the potential for capital growth and long term, cashflows and dividends from selling power.
Protean might be closer to commercialization than some might think. From what I can see, the Protean Devices are quick to deploy and generate power. Realistically, many energy plays have a gestation period of greater than 7 years, with O&G sometimes being in excess of 10 years. I could see PWE being much faster than that. All it takes is one or two preliminary offtake or PPA agreements to be signed.
There are many places who are heavily reliant on diesel, or have no power at all. Don't look at this kind of technology from the perspective of someone who has grown up with steady and reliable power all the time. Think about those who do not have, or only have very intermittent and expensive power. Think about the potential to unlock manufacturing in areas which were previously reliant on expensive HFO (Heavy Fuel Oil) merchant power plants. Harnessing the potential for manufacturing. Giving independence to those who had none.
My opinions only and DYOR. This is not to spruik the share. Just pointing out a few things.
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Mkt cap ! $5.475M |
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