Interesting that LGP will be by my assessment by the only profitable company in this sector by year end.
my current forecast by end of year is $5mil cash in bank +/- 25%. So clearly no need for any CR at all. Remember that cash in bank needs to be weighed up against increase in sales which is growing exponentially month by month. Even if you take a conservative view of that, I don't see anybody ese in the sector that can credibly claim they will be cash flow positive by year end, other than LGP.
When people start to see this materialising, the share price could be anything. Don't look back in 3-4 months time and wish you had bought. There has been plenty of time to compare all these companies.
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9.1¢ |
Change
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Mkt cap ! $27.46M |
Open | High | Low | Value | Volume |
8.8¢ | 9.1¢ | 8.7¢ | $27.33K | 307.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6999 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.2¢ | 41048 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6999 | 0.091 |
1 | 50014 | 0.086 |
1 | 5823 | 0.085 |
1 | 1850 | 0.084 |
1 | 5904 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 5777 | 1 |
0.094 | 105730 | 1 |
0.095 | 8774 | 2 |
0.096 | 57928 | 1 |
0.100 | 218889 | 4 |
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