worth reading this Article
https://www.livewiremarkets.com/wires/5g-networks-re-rating-underway
a few takeaways from this is
-merger acquisitions strong in this sector and 5gn has all the ingredients and qualities of a potential candidate
- market will get re rated to reflect its closest comparison OTW which has a market cap of $250m giving 5gn a potential share price of $4.09 p share
- recent capital raise involved sophs and small cap managers
- potential and is becoming “investment grade”
plenty more room to re rate imo
hold tight there are only 61m shares on issue
traderrr
5GN TA chart, page-33
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 (20min delay)
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $92.68K | 639.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 425232 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1966212 | 38 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |