Remember the notion. The lower the market cap, the lower the supply, the higher the interest.
Now there are 9000 views on this hotcopper post alone. If everybody bought the minimum 500 dollars of ZMM just for fun at this rock bottom price. That’s 4.5m or the current market cap.
If you don’t agree with me this is the rock bottom price. Entirely possible given Perenial liquidating. Then we possibly have 4.5m dollars demand for 2m market cap.
But that’s not how stock markets work. A 2m market cap with daily volume of 4.5m AUD will see it’s stock price shoot up who knows how much? Don’t believe me? Let’s give it a try Monday LOL
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.52M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 190666 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 190666 | 0.010 |
3 | 2185749 | 0.009 |
4 | 845048 | 0.008 |
4 | 893114 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 300000 | 1 |
0.014 | 307709 | 1 |
0.015 | 508103 | 2 |
0.025 | 14912 | 1 |
0.030 | 25000 | 1 |
Last trade - 10.08am 18/09/2024 (20 minute delay) ? |
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ZMM (ASX) Chart |
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