What attracted me is that the company is doing something that is rather unique, I don't see any other technology that will recycle used tyres they way they have done it, and that the tech ticked a few boxes: 1. Environmentally friendly process 2. reverse the tyre back to their raw material / elements 3. double income process - from both accepting old tyres and then reselling the raw material 4. easily replicable setup of each of the processing oven plant 5. first in the market, unique process, and potentially onsell the IPs.
I might have over simplified everything, and thought this business is a gem. I might be totally wrong here. Just wanting to hear from different opinions and viewpoints, such as yours, to find out more about the business to help me determine if I should consider holding, buying more or selling.
PG1 Price at posting:
14.5¢ Sentiment: None Disclosure: Held