Very interesting arma9 : Just did some figures , our current market cap represents for ease aprox 20 PE
For every MEG machine we sell we make $3 million profit hence for every machine sold at our PE , our share price may rise by 34 cents IE ( $3 mil times 20 PE = $60 mil divide by 177 mil shares = aprox 34 cents )
Means that Simply Wall Street think we may get an order of 10 MEG machines , not out of the question for new technology . Given this scenario no wonder our share price is rising will be a very interesting six months ahead . Hang on to your shares this could be a very swift rise upwards on any new news of any MEG machine . Apparently the rise of MRI was very swift too . Now long term 100 MEG per annum would see $34 a share wooooaaaah . And we will become a darling like Cochlear .
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29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $54.21M |
Open | High | Low | Value | Volume |
29.5¢ | 29.5¢ | 29.5¢ | $5.237K | 17.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11125 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 23267 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11125 | 0.290 |
1 | 30000 | 0.285 |
1 | 3678 | 0.280 |
1 | 4000 | 0.275 |
2 | 6484 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 23267 | 1 |
0.320 | 30000 | 1 |
0.330 | 9090 | 1 |
0.340 | 38715 | 2 |
0.345 | 2622 | 1 |
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