Now that the option conversion is technically over ,no doubt some of the converters may be over exposed...remember they only paid 1.2 c for these so some profit takers will lower SP....
We have has no real news of further contracts or JV's etc for about 3 months although frequently mentioned here and in the last released AR.
Unfortunately in this business one dances to the tune of the majors for implimentation of mix&go into their product range....the acceptance of the claims of preformance is UNDOUBTED....THIS PRODUCT IS A GAME CHANGER.
Cummins the MD is about to go overseas for a two week jaunt to a talkfest and naturally followup possible users.
This technology has markets well beyond the immediate medical analysis field, we should hear a progress report after his trip.
Remember option holders sold down to 3-3.1 c to cash up,if one adds the 1.2c conversion then 4.2-3 is the price we could expect.....anything below this would be stressed selling and not related to the overall preformance.
I will be evry suprised if their is no major deals or orders before Xmas....my stocking is out.
treat this period of no news as a buying opportunity
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2.1¢ |
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Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $3.414K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 2.1¢ |
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Price($) | Vol. | No. |
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2.2¢ | 616353 | 6 |
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4 | 384663 | 0.021 |
12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
3 | 94160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 214144 | 4 |
0.027 | 680612 | 2 |
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