But those "dodgy" mining companies eventually come back down to earth - usually after the hype/pump has hit peak. All stocks come back to fundamentals at some point in time.
This stock is simply sticking to its fundamental price. It was fundamentally overpriced when it got to 17c and a market cap of $40m+ with less than $3-4m annual revenue and not at break-even.
Ann: Significant Pre-Orders for Robo R2, page-40
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $44.76M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.5¢ | $4.06K | 19.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9025 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 4352 | 1 |
View Market Depth
| Last trade - 13.45pm 17/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 21.5¢ | 20.5¢ | 14842 | ||
| Last updated 13.45pm 17/05/2024 ? | |||||
| SWP (ASX) Chart |