It looks like the first target is 5 cents and then 8 cents from the chart.
This is not unreasonable as following on from comments made by @jamesdenis, I found another company I hold that has similar SOI and revenues and is currently trading at 6 cents with a Mcap of 25M. They are not even in a glamorous industry and they get fewer page views than Crowd.
They have been as high as10 cents this year, so it seems very likely that we will be multiples of the current price shortly.
If Crowd traded at a Mcap of $25M then the share price would be around 9 cents and I can see 15 cents as being in reach.
CM8 CHART indicating a BREAKOUT to the upside, page-48
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Last
1.7¢ |
Change
-0.002(10.5%) |
Mkt cap ! $20.86M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.7¢ | $126.8K | 7.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 265719 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 145000 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| UNT (ASX) Chart |