companies like this often do better before revenue (and reality) starts rolling in. It's always easier to value a company on a hope and a dream than to actually consider the real-world economic picture which is never as rosy (buy the rumour sell the news).
I recently sold out as the momentum seems to have stalled- unless they execute perfectly and manage to crack international markets (but first need to prove themselves in Oz) it's hard to see the stock holding this level in the short/medium term.
chart, page-977
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Last
2.7¢ |
Change
-0.003(10.0%) |
Mkt cap ! $30.95M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $5.574K | 206.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118134 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 318283 | 1 |
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| Last trade - 14.35pm 02/08/2024 (20 minute delay) ? |
| RSH (ASX) Chart |