You are right...fundamentally the stock is sound.
I think they have started milling their first batch from JF. I thought about 35kt to 40kt when means $6m to $7m in revenue. Lots more to come after that, so no reason for the share price to have any downward momentum. Up only and if anything 30 cents sounds a bit too pessimistic.
First Flirty Flash Of Cash, page-38
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Last
36.5¢ |
Change
0.020(5.80%) |
Mkt cap ! $54.22M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 37.5¢ | 35.0¢ | $220.9K | 602.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 97270 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 1984 | 1 |
View Market Depth
| Last trade - 13.42pm 15/10/2024 (20 minute delay) ? |
| AWJ (ASX) Chart |