The only scenario I can see this getting to a $1 would be if:
- HP places significant orders
- Nuh turn huge profits
- Nuh have a cash reserve big enough to buy back shares
- share registry is reduced signicantly
- SR becomes tight and then we get significant upward pressure
- the next significant share price is 0.055. We need to get there and hold it for at least a quarter. That would put us into asx 300 and indexed funds would start to buy.
- if it can get to 0.23 then we make asx200. And a whole different ball game.
the idea that we get to a $1 with this amount of shares on offer would give us the same market cap as IOOF who had a revenue of 1146.87 million
$2 would be Iluka resources 990 million revenue
$3 domino pizza. Bluscope 11294 million
so it's just not realistic to be thinking that without changes to share float
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