I've always believed COW to be inflated at $0.20, I still believe it'll be a hard sell $0.20, at the moment..... I know a few will shoot me down for thinking I don't understanding market caps.
If, $0.20 is to be achieved, three things will need to happen;
- the demand and price paid for lithium must increase.
- A40's SP will have to at least double from its current price.
- People must see value in buying COW shares.
In my own opinion, I believe it would be prudent to hold off the float until, the price of Li recovers.
As always, do your own research.
A40 Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held