Based only on what I can see I have to disagree.
The sell side up to 2.9cents has actually increased from approx 25million shares this morning to 28million shares
but happy to be corrected If the numbers including chi-x say otherwise
I think the big thing here is we have a company that has positive cash flow which places them in a strong position to push forward post Covid.
The upsides are simple
New CEO when the time is right, otherwise let Aaryn, Tasso and the team keep up the good work, delivering any sort of positive cashflow during a global pandemic is a win especially for a micro cap stock
Maintain recurring revenue and grow it post Covid, the customisation and development work will reap the rewards at a later date whilst also ticking over a small consultation fee during Covid
New contracts, we have the runs on the board with GM. We have proven we can deliver, and our market is a hard one to crack so going to be easier for us to grow the business from here than for new companies to enter the market
In my opinion our market cap will take care of itself soon enough. One thing investors will be looking at closely in the next quarterlies is how companies are holding up financially. I would rather be invested in companies who are cash flow positive with no debt and heaps of potential trading on a low P/E where there is plenty of upside than on a sinking ship that needs to raise capital to stay a float
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.74M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $2.975K | 104.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 441593 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 546569 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 441593 | 0.027 |
3 | 3115000 | 0.026 |
2 | 320000 | 0.025 |
2 | 238333 | 0.024 |
1 | 40249 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 546569 | 3 |
0.030 | 2244118 | 9 |
0.031 | 1153360 | 5 |
0.032 | 453879 | 2 |
0.034 | 29440 | 1 |
Last trade - 11.57am 17/09/2024 (20 minute delay) ? |
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