A billion dollar company for me couid be a speccie so yes to your question. However we know which sectors provide the biggest returns if you get it right. It is and mostly has been for decades a risk reward scenario. I knew bugger all about that IXR company till you mentioned it. Looks quite appealing. Its in the correct market commodities sector ready for 'growth'. Back to this one, can i raise an interesting situation with you. The amount of visual sellers on my comsec platform is low to say the least. Should results demand a trading halt for one or two days with whatever adjective that may or may not he used in the header, and the results are good, then a flurry of interest could ensue but comsec does not allow a seller to put an order on for say 60c because it is above their parameters. Therefore and i do not have an answer for this, does it then require that active sellers 'enter the fray' with continued increased pricing for their 'asks' which if snapped up just get repeated again and again in a somewhat disciplined manner based on placed selling parameters by each trading company such as comsec, selfwealth,nabtrade or whoever? I just dont know how this all works in a 'potential' positive situation.
M3M Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
