Investors could average down? That's precisely what you're doing. You haven't made the gains until you've sold, you haven't made the loss until you've sold.
Your post is full of oxymorons.
"The tech may have scope in the long run"
So what you're saying is W2V has excellent tech? The 97% customer retention rate seems to imply that as well.
"Just to average down and hopefully dump when it shoots"
Why would it shoot? Are you expecting good news?
Look at the revenue!!
30% of last year's revenue came from one client! ONE! It's a client they didn't have in 2020. When did the client sign up? W2V probably hasn't received the full income stream from that partnership yet. It takes time for revenue to flow.
More customers are signing up all the time & more importantly they're staying. What does that tell you about the product?
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2022 W2V general discussion, page-312
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $11.89M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $3.5K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 5368824 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1970221 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 5368824 | 0.006 |
8 | 3299800 | 0.005 |
1 | 500000 | 0.004 |
3 | 5868333 | 0.003 |
2 | 1045000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1970221 | 2 |
0.008 | 1925007 | 5 |
0.009 | 3750000 | 3 |
0.010 | 5927980 | 8 |
0.011 | 2664302 | 5 |
Last trade - 10.50am 20/06/2025 (20 minute delay) ? |
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W2V (ASX) Chart |