2 reasons for the price
1) The market is screwed, ALL stocks are down
2) convertable notes, if you look at the history of them being relased, with the first main chunk in July there is always a drop in price.
When you take into account the revenue this company has against is market cap and the reason for why the price is where it is, then this stock clearly is not FOS but a gem that anyone with half a brain knows they should be scooping up for when reality sets back into the market.
1) The market wont be screwed for ever.
2) convertable notes are just about out.
Stocks trade with a PE of about 16 on average, that means the stock price is 16 times the Net revenue.
If you think this is a FOS stock, you should just invest in a bank account as the stock market game is clearly beyond you.
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.54M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 180922 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 180922 | 0.130 |
2 | 262637 | 0.125 |
3 | 116147 | 0.120 |
1 | 45454 | 0.110 |
2 | 65000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 100000 | 1 |
0.160 | 250000 | 2 |
0.165 | 18000 | 1 |
0.170 | 197928 | 1 |
0.180 | 550000 | 2 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
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BUR (ASX) Chart |
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