I personally exited at the beginning of this last surge at 0.42x prices. Having participated in the 0.2 offering and watched the position trickle down to 0.07 prices, and finally having made a profit, I wanted to sell ‘into strength’. In the end, I admitted that I don’t even understand the industry, nor do I grasp what competitive advantage there is in selling technology licensed from PERIC in China. But I do realize that Hydrogen has had these boom-and-bust cycles before. Are Metacon’s own patents significant?
It would be interesting to hear the views of some (energy technology?) professional.