Whilst I agree the title of the thread is a 'little optimistic' I like the sentiment. In response to a few of the comments on this thread, and some general sentiment, I have not and would not bet the house on this, but now is the time, IMO for a flutter with a small parcel of cash you can afford to loose. Management and market knowledge is everything and I think the new team give this stock a fighting chance to grow big.
My reflection on stock risk (with current team, 12 month horizon)
30% chance of failure - stock drifts to nothing, or heavily diluted
10% chance goes nowhere
20% chance of modest gains in the short term with small wins accumulating
40% chance of significant evidence of progress to greater things (major event sponsors etc) with 5x plus growth.
I believe this stock has more chance of winning than losing in the short term, but not without no small amount of risk. I think anyone trying to value this stock will struggle. It will be growth perception based in the short term, with a constant weighing of 'potential'. Obviously not advice, entirely my opinion, and held until it isn't (the stock and opinion, that is )
Note: my 'buy' sentiment holds the caveat 'with any cash you can afford to lose!'
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $10.69M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.7¢ | $5.168K | 302.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 122617 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 101524 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 122617 | 0.017 |
1 | 2500000 | 0.016 |
4 | 609223 | 0.015 |
7 | 1665285 | 0.014 |
6 | 1542307 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 101524 | 2 |
0.019 | 360996 | 2 |
0.020 | 828162 | 7 |
0.021 | 1582471 | 7 |
0.022 | 3184545 | 3 |
Last trade - 15.06pm 18/10/2024 (20 minute delay) ? |
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