imho, the expectations should be adjusted relative to market cap.
For 1-2c price range, the only question should be whether the company survives. Had a brief look at the report, and I had a feeling that they've begun taking steps to bring costs under control. Others following the company more closely are of course better qualified to judge that. But if that's true, then it should be good enough for now.
It's very risky for sure, but at this MC the potential for a multi-bagger reward is quite attractive. Fair to say yikes if it was 40c, but probably not at 1-2c.
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15.5¢ |
Change
0.013(8.77%) |
Mkt cap ! $159.9M |
Open | High | Low | Value | Volume |
15.0¢ | 16.5¢ | 15.0¢ | $381.0K | 2.447M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 544274 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 181090 | 7 |
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No. | Vol. | Price($) |
---|---|---|
6 | 544274 | 0.155 |
8 | 321471 | 0.150 |
3 | 157006 | 0.145 |
7 | 304727 | 0.140 |
3 | 512000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 181090 | 7 |
0.165 | 316745 | 9 |
0.170 | 515817 | 10 |
0.175 | 440682 | 9 |
0.180 | 859831 | 9 |
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