Example journey to unicorn for a tech company:
Concept - prototype - POC - MVP - first revenues - determine TAM - scaling revenues - entering new markets - serious revenues - major investors joining the top 20 - profits - accretive acquisitions...
The SP can swing wildly through these phases as speculation kicks in or out; as important milestones are achieved - as instos and other major investors join in and stick around...as the story catches on
Example journey to unicorn for an oil company:
Rock samples - seismic data - drilling - various samples / tests - confirmation from a McDaniels - partnership agreements - exploration shifts to production - buyer agreements - transport solutions - additional wells - pipelines - refinery arrangements - shipping...
The SP can swing wildly through these phases as speculation kicks in or out; as important milestones are achieved - as instos and other major investors join in and stick around...as the story catches on
Conclusion
Most important thing is continuous PROGRESS
Example journey to unicorn for a tech company:Concept -...
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Last
5.3¢ |
Change
0.003(6.00%) |
Mkt cap ! $178.6M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.0¢ | $154.8K | 2.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 113206 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.003 ( 4.33 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.4¢ | 5.0¢ | 1347067 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| MAY (ASX) Chart |