I bought more shares today. I still have concerns, but the risk/reward at ~15c is pretty compelling. The quotes from the Iridium update are promising and there were a few winks and nudges in the recent ********* article that suggest we'll see a strong update:
- "we have yet to see a drop in sales for ZOLEO or our other mobile satellite solutions."
- "the level of enquiries has gone up recently."
- "the upcoming quarterly from Beam may show hints of its ability to capture the market."
It could all be spin but I think this stock could turn very sharply given so much negativity has now been priced in.
I bought more shares today. I still have concerns, but the...
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Last
15.5¢ |
Change
0.030(24.0%) |
Mkt cap ! $13.39M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 16.0¢ | 13.0¢ | $36.72K | 247.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 56755 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 33972 | 1 |
View Market Depth
| Last trade - 10.26am 28/05/2024 (20 minute delay) ? |
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Last
15.5¢ |
Change
0.030 ( 29.2 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 15.5¢ | 14.0¢ | 64587 | ||
| Last updated 10.22am 28/05/2024 ? | |||||
| BCC (ASX) Chart |