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re: Diving Deeper on Origin Materials?
Posted on 5/2/24 at 10:58 am to Crescent Connection
Posted on 5/2/24 at 10:58 am to Crescent Connection
Seems like there’s a chance that their new PET cap invention will keep them afloat while continuing to develop their core biomass conversion tech.
Tuesday’s caps PR
Today’s caps PR
Tuesday’s caps PR
Today’s caps PR
Posted on 5/3/24 at 10:00 am to ev247
I averaged down at $0.56 a few weeks ago when the video series with management started to come out. My average is now under $2. Undecided yet if I will bail on all of it or hold on if the share price gets back up there. The market, and myself, had written this off as a scam with the silence that happened over the past 9 months. The market for their products is clearly there, the question (still unresolved) is can they produce products at scale economically. Perhaps caps and closures is the bridge product, or even more than a bridge product, to get them to positive cash flows or even to a market cap several times higher than current price levels. Still a very speculative investment though and not for the faint of heart.
This post was edited on 5/3/24 at 10:01 am
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