Q: Hi team, here are 3 growthy early stocks that have caught my interest; already have a double on on PL of my very tiny investment. Please share your thoughts on these 3. thanks
5i Research Answer:
We have comments on ELVA today and last week.
ABXX: please follow this link for comments.
PL is running with the space sector and momentum is excellent. It has nearly $700M cash. The revenue base is growing and losses decreasing. Cash flow was positive last year. Investors are anticipating growth is data centres can be deployed in space. There has been some insider selling. It will likely run for a while with the sector, but it should be considered highly volatile. But it is interesting, but also quite expensive on all metrics.