A3D 27.0% 8.0¢ aurora labs limited

Ann: Indian Distributorship Agreement entered into with Novabeans, page-44

  1. 615 Posts.
    lightbulb Created with Sketch. 115
    Excellent analysis. However let's keep in perspective that the stock was floated at $0.20 not so long ago. It soared on speculative good news and assumptions about the potential of this technology not on hard facts and figures. Market rightly have reacted to facts and figure now as it should have. At $1.245 today the stock is more than 6 times the IPO value. Great climb for a company that hasn't sold anything or produced anything workable yet! Stock will sell down till a machine is sold, a milestone in development is achieved or a joint venture agreement with a reputable firm is signed. If none of these or similar things happen within the next 2 months I wouldn't be surprised to be gazing at $0.40 or even less for this stock. Let's hope the company doesn't disappoint the market and its shareholders in particular.
 
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8.0¢
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Mkt cap ! $29.02M
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6.5¢ 8.0¢ 6.5¢ $62.34K 914.6K

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1 40000 6.9¢
 

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8.0¢ 360383 2
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