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Ann: New engagement with Corporate Advisor, page-7

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Slug05

1,003 Posts.

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11/01/22

21:24

Post #: 58787960
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Originally posted by tukebay ↑

Last year this more than 7-bagged top to bottom in 1 month.
I wouldn't be surprised if this deal has just laid the foundations for a similar move.
The company is profitable and growing, and their conventions business should be starting to come back into play as COVID begins to take more of a back seat.
The Germans have already released research reports with much higher price targets and their register is nice and tight.
To exercise the oppies, Soochow will have to tip in almost $11m.
With the $7m currently in the bank and given that they're cash flow positive, this will leave them in a very strong corporate position.
All it will take is one buy recommendation from Soochow, who are now well and truly incentivised to generate it.

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Do you think this company has the same potential as CAV or GEV?

ASP Price at posting: 2.2¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $17.29M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$395	56.42K

Buyers (Bids)

No.	Vol.	Price($)
3	1618960	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	629668	2

View Market Depth

No.	Vol.	Price($)
3	1618960	0.006
2	1300000	0.005
2	10500000	0.004
1	600000	0.003
1	500001	0.002

Price($)	Vol.	No.
0.007	629668	2
0.008	3464459	3
0.009	1000000	1
0.010	1414504	3
0.011	1000000	1

Last trade - 10.18am 22/08/2024 (20 minute delay)

ASP (ASX) Chart

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