With the greatest of respect, the question you asked is based on your opinion, and not mine. Therefore, there is no rational or reasonable way to respond.
Independent analysts have valued the company at 12-17c, not the company or the MD. But the company and the MD have every right, therefore, to point at those valuations.
I have also done my own DCF valuations on the company and I concur with those analysts, which is why I own shares.
Whether the stock reaches those prices is up to investors. At the moment, some of those investors say it wont, which is why it is trading at these prices. The question you should really be asking is "what will convince the market to pay a higher price for shares?" But we already know what you think will turn the dial, so you have sort of answered your own question.
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $19.66M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $9.665K | 1.334M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 8153126 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 5472839 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 8153126 | 0.007 |
17 | 7414951 | 0.006 |
30 | 12638953 | 0.005 |
8 | 4925000 | 0.004 |
3 | 3816666 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 5472839 | 5 |
0.009 | 2115072 | 6 |
0.010 | 2445852 | 8 |
0.011 | 2362000 | 4 |
0.012 | 4193752 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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