Yep, I certainly do understand that. Firstly management are saying at least 6 to 9 months before they gain absolute surety and then comes the marketing by whatever means. That gap in time provides plenty of competitors that we know of and plenty we don't know of to get to commercialisation first. Business success is predominately about timing. First into the market place with a brand new product has a distinct advantage. It would be helpful for the company to offer revenue guidance but I guess they are too far away from commercialisation to even know enough about cost of production etc etc.
For a share that has been power pumped by some on here has been marked by the market accordingly, that is why it sits at 3.2 cents instead of the 5 to 10 cents that some were hoping for and even expecting.
Huge volume drop off yesterday as the market digested the content of the announcement.
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Yep, I certainly do understand that. Firstly management are...
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.39M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $10.56K | 459.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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13 | 2818795 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.3¢ | 1138369 | 1 |
View Market Depth
No. | Vol. | Price($) |
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13 | 2818795 | 0.022 |
19 | 4222719 | 0.021 |
22 | 5322764 | 0.020 |
5 | 1354068 | 0.019 |
3 | 1755278 | 0.018 |
Price($) | Vol. | No. |
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0.023 | 1138369 | 1 |
0.024 | 2063195 | 4 |
0.025 | 4035576 | 8 |
0.026 | 1496419 | 7 |
0.027 | 136100 | 3 |
Last trade - 16.10pm 23/04/2024 (20 minute delay) ? |
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Last
2.2¢ |
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Change
0.000 ( 4.35 %) |
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Open | High | Low | Volume | ||
2.4¢ | 2.4¢ | 2.2¢ | 567322 | ||
Last updated 15.59pm 23/04/2024 ? |
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