worth reading this Article
https://www.livewiremarkets.com/wires/5g-networks-re-rating-underway
a few takeaways from this is
-merger acquisitions strong in this sector and 5gn has all the ingredients and qualities of a potential candidate
- market will get re rated to reflect its closest comparison OTW which has a market cap of $250m giving 5gn a potential share price of $4.09 p share
- recent capital raise involved sophs and small cap managers
- potential and is becoming “investment grade”
plenty more room to re rate imo
hold tight there are only 61m shares on issue
traderrr
worth reading this Article...
Add 5GN (ASX) to my watchlist
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.74M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $14.17K | 101.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3040902 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 755612 | 10 |
View Market Depth
| Last trade - 15.33pm 17/09/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |