I have to say one week since the announcement and the SP is sitting pretty at the 40c mark, this is a great sign.
Realistically we should expect a price increase in the short to medium term now, however I believe the next market update will reflect the change in business and price will be reflective of future earnings potential .
My biggest concern in terms of paper value was that the update would scare some investors and push prices lower, however given the quality of our co share holders I think we are in for a SP increase slowly as the year progresses. Henry Morgan limited (HML) don't invest where they don't see a ROI of about 100% or more so that's my target
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Mkt cap ! $57.58M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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2 | 14 | 16.5¢ |
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18.0¢ | 122221 | 1 |
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1 | 9465 | 0.160 |
1 | 8000 | 0.155 |
1 | 20006 | 0.150 |
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Price($) | Vol. | No. |
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0.180 | 122221 | 1 |
0.190 | 20000 | 1 |
0.200 | 42147 | 2 |
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