50 cents would be nice - but that seems to me to be wishful thinking in view of the current status quo. I don't think the quarterly will have a big impact on the SP - the information contained in it is in fact all already known.
However, the upcoming results of Kalman and Kalman West could make a difference - this could bring Kalman back into the interest of the market or the results could disappoint and the SP could fall back again.
All speculation.
The starting position remains interesting - but for the baby to really take off like a rocket, it needs an initial ignition. Sooner or later that will be the case - for now, patience is still the name of the game.
PS: I agree with you on one point: the market cap should definitely be higher than it is now - but in the end the market dictates the price.
HMX charting, page-418
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $31.91M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.6¢ | $23.41K | 632.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 274999 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 250000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| HMX (ASX) Chart |