RKT 0.00% 0.7¢ rocketdna ltd.

Lol nothing outrageous, just the Michelle Obama door knocker...

  1. 4,796 Posts.
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    Lol nothing outrageous, just the Michelle Obama door knocker with large nutz...

    Someone took offence lol

    I haven't gone anywhere, just bottomed drawed the position for the last few months post adding a few in the placement. Still sleeping nicely on a large stack of holding statements courtesy of CHESS. Iam not interested to reduce exposure until the 3-5c range. It took me long enough to build the position, Iam not going to let it go for the sake of a pip or two.

    Nothing out of character in regards to the moves IMO, short term money chasing other hopefuls exited the stock over the past 3 months, whilst contract news was slow. We are starting to see interest return to the story for a number of reasons, notwithstanding the cheap optionality to the sector + Ai exposure.

    EV of $5mil with +$2m in cash and almost cash flow break even delivering $6m+ or annualised revenue.

    Don't take too much notice of the buy / sell volume in the market as there are many games that get played re optics to try and signal to the market when short term / traders can enter a position. What matters is how far that money may wash the stock out when they exit as this will present further opportunities.
 
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Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $4.593M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $420 60K

Buyers (Bids)

No. Vol. Price($)
8 2895107 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 6236302 9
View Market Depth
Last trade - 10.27am 17/05/2024 (20 minute delay) ?
Last
0.7¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.7¢ 0.7¢ 0.7¢ 148000
Last updated 12.51pm 17/05/2024 ?
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