@DoriansMirror
I've floated this with a couple of my investor mates, and between us the concerns we were thinking were:
- Runway:
The current spend to assets means that we could run out of money and need to go for a capital raise before sales. If that happens we'll have a devaluation. A lot of pro traders will be waiting to see if that's going to be the case, and buy after the devaluation so they maximise return.
- Production Scale
Right now, they're producing a very small amount, and getting the scale needs to be proved before any serious orders can come in. There's a big difference between a production line that can produce enough for a few hundred orders and one that can produce enough for 1% of The GAP's clothes. Until the production plant is actually operational, this is still a risk.
- Long term Quality of fibre is still unknown (my guess)
Purely guessing here, but I would say that big buyers need certainty of product, so even if Alfie's got the interest of the major players, they'd only be wanting to buy enough to test for a small run. Until they've had them in use for a little while and gained some certainty they're not going to be putting in any massive orders, so sales / market cap will depend on it.
- Forums
- ASX - By Stock
- NC6
- current value
current value, page-10
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NC6 (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $4.3M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $11.9K | 475K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 41666 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 145635 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 41666 | 0.024 |
2 | 32287 | 0.023 |
1 | 250000 | 0.022 |
1 | 47666 | 0.021 |
1 | 50049 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 145635 | 1 |
0.028 | 300000 | 1 |
0.029 | 376191 | 2 |
0.031 | 13000 | 1 |
0.032 | 17641 | 1 |
Last trade - 13.52pm 28/06/2024 (20 minute delay) ? |
Featured News
NC6 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online