l have spoken with other investors. The biggest concern they have is this Company does not have the commercial nouse, drive, initiative, call it what you like - to capitalise on its great research. I am prepared to sit idly by for a period to see what transpires. If June 2021 comes and the SP is sub 1.00 dollar, then time to move on me thinks. Seen plenty of hopefuls fail even with great products, simply because current market dominants can cut new players to shreds with all sorts of manipulation and incentives that commercial power brings. The fact that PIQ allegedly have a cheaper more accurate test than the current players sounds like a no brainer that this Companies SP should easily be much higher than 10.00 dollars all things being equal. Yet it continues to struggle, Europe sales have failed to date and US penetration is non existent. Maybe, all this is just around the corner as we all hope, which is why l have not sold a single share. Unlike many who are selling. Happy to give it time, but if the product really is so good, one would have to think at some point a critical mass will be reached where the current SP goes exponential. The time frame for this to happen is unknown, but a reasonable person might expect the current SP will continue to grow incrementally until that anticipated launch. Thats of course if it ever does actually take off at all. The market is a cruel task master, but you know what they say. The market is always right. PIQ has not ignited a lot of interest so far, but well into next year, alarm bells will be deafening if the current status quo continues. Im up 30% right now so its much better than Bank interest.
- Forums
- ASX - By Stock
- PIQ
- Ann: Annual Report to shareholders
Ann: Annual Report to shareholders, page-46
-
- There are more pages in this discussion • 6 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 PIQ (ASX) to my watchlist
|
|||||
Last
87.0¢ |
Change
0.030(3.57%) |
Mkt cap ! $113.9M |
Open | High | Low | Value | Volume |
84.0¢ | 87.0¢ | 82.5¢ | $144.3K | 170.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.0¢ | 14805 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 0.870 |
1 | 2000 | 0.830 |
3 | 6100 | 0.825 |
2 | 4865 | 0.820 |
1 | 7800 | 0.815 |
Price($) | Vol. | No. |
---|---|---|
0.870 | 14805 | 2 |
0.875 | 3999 | 1 |
0.880 | 38101 | 2 |
0.890 | 13245 | 1 |
0.900 | 12952 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
PIQ (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online