I disagree with your second paragraph. Safe is relative to the return you anticipate. Let's not forget this is a sub $20m MC.
The US government is trying to approve a $1-3bn bill for education spending. It hasn't been finalised as it's politicised heavily. There's no doubt that this will accelerate spending on our type of service offering.
This is a 'medium term' hold as in at least until december to validate the speed of disruption occuring. The additional multipliers for a rerate will be added upon validation that this partnership will continue to pay dividends in performance over 1-2 years for long term holders. I also consider this one of the safer stocks to sit and come back to, as I understand what's happening thematically and financially.
Faria converting notes to shares signals a huge belief in their future share price value. It really is too cheap down here, or it may look that way soon enough.
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $17.25M |
Open | High | Low | Value | Volume |
48.0¢ | 48.0¢ | 48.0¢ | $29.04K | 60.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 625815 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 2717 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 625815 | 0.475 |
3 | 320171 | 0.470 |
4 | 164798 | 0.465 |
1 | 119226 | 0.460 |
2 | 319780 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 2717 | 1 |
0.485 | 387436 | 4 |
0.525 | 1440 | 1 |
0.590 | 3505 | 1 |
0.600 | 13642 | 1 |
Last trade - 11.43am 16/08/2024 (20 minute delay) ? |
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