You are right...fundamentally the stock is sound.
I think they have started milling their first batch from JF. I thought about 35kt to 40kt when means $6m to $7m in revenue. Lots more to come after that, so no reason for the share price to have any downward momentum. Up only and if anything 30 cents sounds a bit too pessimistic.
First Flirty Flash Of Cash, page-38
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.65M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.5¢ | $70.50K | 303.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24444 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 90013 | 1 |
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| Last trade - 15.50pm 11/07/2024 (20 minute delay) ? |
| AWJ (ASX) Chart |