We all know they don't have a product, but you are paying for future technology that may just revolutionize the industry and sectors. Look at APT never made a net profit and they were one of the most over hyped stocks on the ASX that they eventually merged/taken over. People look at value in tech very differently, yes it is prone to swings, but its low SOI is a bonus. They do need to eventually prove themselves with its progress
AFR analysis - Meme-stock fever spreads to more companies on ASX, page-211
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Last
22.5¢ |
Change
0.035(18.4%) |
Mkt cap ! $57.34M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 22.5¢ | 19.5¢ | $257.6K | 1.237M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 136558 | 6 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AXE (ASX) Chart |