MM thoughts on SOR
“Hi James and team, I was just wondering what your views are on Strategic Elements Ltd (asx: SOR). They have really taken off since October 2020 rallying over 750%. They operate as a venture builder specialising in the technology or resources sectors. Their most recent work on self-charging battery cells and the development of artificial synapses which could allow a brain-based system to achieve self-learning. In addition they are support from CSIRO and the Government who have registered them as a Pooled Development Fund which I see as a good sign for the future of the company. I have been watching them closely over the past few months and noticed their valuation from morning star continually increasing with the market. How do you put a value on a stock like this with such growth? And how do you think this strong early performance will play out in the short, medium and long term for this company. Lastly, how would you measure the risk involved with investing in a company such as SOR? Thanks for your time and look forward to hearing from you.” - Kind regards Nick S.
