velvet,
you obviously do not understand this stock. do you think insto's and so called sophisticated investors would be buying the stock at $4.50 for a 10% return - hardly likely.
i agree fundamentals would be nice but they will not be available till prospectus time and then its light the blue touch paper and stand back.
basics will justify current share price - a world wide application that only needs to make profit of $10m to justify current share price. regional companies in australia make that sort of profit. granted this company has to manufacter and sign up the contracts but do you think boeing and airbus would even entertain them if they did not think they could deliver.
not saying this company is without risks but surely there is more to the upside.
velvet,you obviously do not understand this stock. do you think...
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2.5¢ |
Change
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Mkt cap ! $6.414M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48571 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 125000 | 1 |
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