Dipped my toes in the water on this one after quite a bit of waiting to see how the board re-shuffle would play out.
The business now appears stable and ready to expand in a growing market.
The only thing I am not sure of is the potential here before they're eventually taken over. There isn't much in terms of a five year plan - eg are they aiming for an east coast presence, targeting $50m revenue eventually?
Either way, seemed like a good time to get in as very few micro caps are profitable and paying dividends this early on.
Hopefully can hit 3 or 4 cents in the new year.
Dipped my toes in the water on this one after quite a bit of...
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Last
0.8¢ |
Change
0.002(33.3%) |
Mkt cap ! $1.584M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 1.2¢ | 0.7¢ | $109.7K | 13.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 386430 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2934900 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| MSG (ASX) Chart |