Nano Nuclear Is Still Under $20. Here's My Case for Why That Won't Last.

Nano Nuclear Energy's stock has declined over 40% in the past year and trades around $20, but the author argues this pullback is overdone. The company has $580 million in cash, is making regulatory progress with a formal construction permit submission, and recently acquired Secured Transportation Systems to strengthen its fuel-cycle capabilities and generate immediate revenue. Analysts have an average price target of $42.