It's always the way with pre-rev techs. Valuation is more sentiment than science. Unfortunately, when the market is risk-off, what would normally trade at $30-40m EV instead trades at $20m EV. MOB and GMV are behaving no differently.
What UUV doesn't need to do is raise cash for a very long time, so any market storm can be weathered, business unconstrained and the only loss is the paper one you see when you log into your portfolio.
IPO - UUV Aquabotix Ltd, page-256
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Last
0.8¢ |
Change
-0.002(20.0%) |
Mkt cap ! $5.625M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.8¢ | $5.391K | 636.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3143805 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 535164 | 4 |
View Market Depth
| Last trade - 15.30pm 10/09/2024 (20 minute delay) ? |
| 1CG (ASX) Chart |