A company is valued by it's future cash flows... therefore you are buying it and speculating it will gain greater revenue to even have any positive cash flows. You are by definition speculating.
Not sure I can better define it.
Ann: AR9 Awarded $528k Contract with BAE Systems Maritime Aus, page-127
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 (20min delay)
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Last
8.5¢ |
Change
-0.004(4.49%) |
Mkt cap ! $24.33M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.5¢ | $13.58K | 154.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11764 | 8.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 6788 | 1 |
View Market Depth
| Last trade - 15.15pm 14/06/2024 (20 minute delay) ? |
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Last
8.8¢ |
Change
-0.004 ( 1.12 %) |
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| Open | High | Low | Volume | ||
| 8.7¢ | 8.9¢ | 8.5¢ | 50888 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| AR9 (ASX) Chart |