In the medium term there is a bunch of investors riding this to the easy charted goal of $3.50 to $4.00.
Even GF has called that range into play on the charts. I believe he called out around $3.60ish.
Gyrations up and down on the weekly or monthly SP is of no real importance really, only to the traders.
Insto's will keep revising target prices up to suit the mandate and company progression through profitability.
Medium to long term are new products, increasing US customer base, new partners, profit margins to increase on interest rate drops, profit position to increase well into positive territory and most likely a Nasdaq listing...so $4++++ is the medium to long goal that can easily be seen in the trajectory also if they all play out very well.
In the medium term there is a bunch of investors riding this to...
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Last
$2.80 |
Change
0.130(4.87%) |
Mkt cap ! $3.655B | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.85 | $2.70 | $42.96M | 15.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55410 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 94755 | 10 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |