I am not so sure as to 'cheap shares'. When the company was floated, it was valued at 20c. This is the true value of the company where experts have valued the company. Hype based on the LFP propelled the SP to $5. Being an Engineer, I know how long it takes to develop a new product, let alone a new concept. This will take time to achieve (if ever) - the SP has a factor built in for the potential of the product, if developed. In time, and yes, it will take time, the market see's sense and the share price falls to more realistic levels - this is what is happening now. If the LFP is developed, it still in a market where new products are continually evolving and there are some great Engineers working on these products worldwide. That is why this is a speculative stock.
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Last
6.9¢ |
Change
0.002(2.99%) |
Mkt cap ! $25.03M |
Open | High | Low | Value | Volume |
6.6¢ | 7.3¢ | 6.6¢ | $51.32K | 759.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 97578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 0.069 |
1 | 49734 | 0.066 |
1 | 80000 | 0.064 |
2 | 87199 | 0.063 |
7 | 487617 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 97578 | 1 |
0.075 | 54000 | 2 |
0.078 | 39408 | 2 |
0.079 | 90476 | 1 |
0.080 | 62500 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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