Watched the video on Twitter and really happy they are actively promoting everything that’s going on now
I guess they have figured this is the right time with all their ducks lined up in a row
I know I’ve only been holding this stock for a few months now and haven’t ridden the extreme lows out over the past couple of years, but it really is beginning to look more and more like there is a lot to look forward to with this stock, even for those loyal to the stock for many years now at a loss
The spec end of the market never really makes sense and the more solid a stock sometimes, they can do terrible and the other stonk looking type stocks tend to run to the moon and then straight back to hell where they technically belonged
But if there is one thing I’ve learnt in my 4 years of winning and then majorly losing and then having to just watch and learn the game is -
Find a down and out stock that is truly undervalued but has the potential to fully turn things back around
CM8 was that stock for me
Market cap of 12m when I found it
And even now at 5.7c still only $28m
Good solid revenue ($15m annualised) which has the potential for real growth
But more importantly it has blue sky in a big way once again
The one thing on any traders Wishlist
And I may not be a fan of day traders, but ultimately they are a tool for stocks to be able to be rerated
And ultimately I believe they will be rerating CM8 for the next couple of years
And after all this, there is still one key factor as to why CM8 will be one of the best performing stocks next year, and that is management
This management is what first made me invest
The turnaround was evident over the past year and they were executing, which is rare down this end of the market
And the new consortium continue to execute ahead of schedule
Massive ticks for derisking I love to see from a company I’m invested in
Enjoy the ride from here on out everyone who is invested, and just remember that the real money will be made riding the waves forward so long as management continue to deliver on their goals, the story continues to get better with bluer skies ahead & revenue grows qtr on qtr
Don’t be too hasty to jump off this ride either as from that video it really looks like DC has lots in the pipeline to be excited about and finally has the right team of business minded individuals backing his technology
DC - Watch this space
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.97M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 4806770 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 900000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 4736770 | 0.013 |
16 | 3656386 | 0.012 |
2 | 632304 | 0.011 |
6 | 1544666 | 0.010 |
2 | 1100000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 1250000 | 3 |
0.015 | 1200000 | 3 |
0.016 | 240962 | 4 |
0.017 | 767142 | 5 |
0.018 | 862500 | 3 |
Last trade - 07.01am 06/11/2024 (20 minute delay) ? |
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UNT (ASX) Chart |
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