I like charts. I used them professionally for 10 years as a bank currency trader. However, when a company is this undervalued, I can't see the merit, unless you want risk big, ie sell at 50 cents (risking massive upside above to $10/$15/$20 you name it, against hoping to rebuy for 10/15 cents less at 40/35 cents exactly where we are now! This share is great value at $1 per share!! Nevermind here. At $1 per share AUD$ market cap is ~$105mio, assuming options are exercised & nasdaq listing, lets say 140mio share on issue. Round it to 150mi for simplicity, if we use Aud$ at 0.75, then $1aud per share is $150mio Aud$ mkt cap, or ~Usd$113mio & a bargain company advanced in Fatty liver space, with validation from not one, but two NIH sponsored trials!! This is also ignoring our Cdiff results & impending trial, travelan/protectyn. Everyone is completely insane selling at this market cap. The big buyer knows that everyone selling is crazy for letting him have them at these prices. It's like shooting fish in a barrel after the water has been drained out! Too easy.
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.07M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 140596 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 215568 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 140596 | 0.105 |
5 | 347605 | 0.100 |
1 | 10101 | 0.099 |
1 | 52520 | 0.095 |
1 | 9695 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 215568 | 3 |
0.115 | 100000 | 2 |
0.120 | 193000 | 3 |
0.130 | 231571 | 7 |
0.135 | 278000 | 2 |
Last trade - 12.43pm 23/08/2024 (20 minute delay) ? |
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IMC (ASX) Chart |
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