It would need to consolidate first. at $1 alone the Stock would have a MC of 7.2b. If it was to hit that value it would be years away well into production proving the market its highly profitable. To put it into perspective ALLKEM (ALK) has a MC of 10b which a SP of $13. They are producing and have over $70mil turnover. XTC will be miles away from turning a profit.
Its highly speculative and you need to be realistic when it comes to this otherwise you could get burnt.
- Forums
- ASX - By Stock
- XTC
- XTC next LKE???
XTC next LKE???, page-296
-
-
- There are more pages in this discussion • 462 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
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
Add XTC (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.6K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
XTC (ASX) Chart |
Day chart unavailable