The market has reason to be cautious with 2 previous deals and limited revenue to show for them.
Until some earnings of substance or a forecast of some sort ,the sp is always going to trail the success of the co.
For all we know we may have signed a cashflow positive deal?
This trailing sp allows the beleivers to accumculate more stock at these levels. it also makes for some huge swings when numbers are reported. i m not to concerned with the sp where it is, as i have done my research and beleive that more deals will be signed, as has been said before each deal gets us closer to cashflow positive(if not already there).
the next step, page-23
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $56.77M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.2¢ | $35.46K | 1.543M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 271974 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 938511 | 3 |
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| Last trade - 15.48pm 12/09/2024 (20 minute delay) ? |
| ADO (ASX) Chart |