I think everyone is looking at MWR like its a $50mill company or something.. Take a second to realise and considering it has net $6.5mil liquid cash and trade and a market cap of only $10 mill! Undervalued is an understatement even in today's environment. They are even EBITA positive while spending bank on expansion. The fact they have a retail presence in prestigious retail outlets like JB's, Officeworks, Goodguys and landing MNO's says something about their product and it a product developed over 3 years ago and they are about to bring a whole new product out and an updated version of Spacetalk all in the next 6 months.
Im sure we will get an update on the company early next week as it is just a matter of time, but any good investor knows MWR is undervalued and the CEO's sale of shares is untimely but honestly, him taking a margin loan to buy shares shows how keen and how much belief he has in the company and it took a pandemic to crush him and make him sell..
Bought more today at 7 and 6.9c. Ill keep loading so if you want to sell then do but we are going a minimum 100% from here in the next 8 weeks and there's nothing like buying at asset backing.
Call me out if im wrong.. GLTA
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2.6¢ |
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Mkt cap ! $12.33M |
Open | High | Low | Value | Volume |
2.3¢ | 2.6¢ | 2.3¢ | $5.804K | 240K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 2252810 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.022 |
5 | 568573 | 0.021 |
3 | 1000000 | 0.020 |
2 | 65714 | 0.019 |
1 | 150000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 2252810 | 1 |
0.027 | 63805 | 1 |
0.028 | 123171 | 2 |
0.029 | 125000 | 1 |
0.030 | 381814 | 1 |
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